£789,477
This estimated value is based upon the latest sale price for the house of £430,000 on 14 Oct 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £430,000 | 14 Oct 2005 |
| £318,000 | 19 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 246 sq meters or 2,655 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in October 2005 the House Price Index for CITY OF NOTTINGHAM was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £430,000 results in an estimated price of approximately £789,477.
| 14 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £430,000 | £359,477 | £789,477 |
The Postcode Pricing Model uses changes in average sales price within the NG7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 19.217 % | £82,634 | £512,634 |
| 3 Month Average | 58.962 % | £253,538 | £683,538 |
| 6 Month Average | 46.394 % | £199,495 | £629,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £357,884 | £349,995 | FLAT 6 HAMILTON COURT HAMILTON DRIVE |
| 11 Aug 2023 | £162,939 | £160,000 | FLAT 3 18 HOPE DRIVE |
| 4 Aug 2022 | £196,921 | £196,000 | 10 THE GALLERY HOPE DRIVE |
| 14 Apr 2022 | £632,827 | £610,000 | 7 PEVERIL DRIVE |
| 11 Mar 2022 | £360,157 | £345,000 | THE COACH HOUSE OGLE DRIVE |
This house has a floor area of 246 sq meters or 2,655 sq feet when measured on 31 Oct 2011. Using an estimated price of £789,478 means this house is valued at £3,200 per sq meter (£297 per sq foot).
The average size of a house on PEVERIL DRIVE is 161 sq meters (1,734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Drive |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Drive |