£445,083
This estimated value is based upon the latest sale price for the house of £410,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £410,000 | 24 Sep 2021 |
| £380,000 | 4 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 September 2021 the House Price Index for CITY OF NOTTINGHAM was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £410,000 results in an estimated price of approximately £445,083.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £410,000 | £35,083 | £445,083 |
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 | -12.852 % | £-52,694 | £357,305 |
| 3 Month Average | 7.507 % | £30,777 | £440,777 |
| 6 Month Average | -13.116 % | £-53,775 | £356,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £297,553 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 20 Oct 2023 | £782,778 | £765,000 | THE TOWER HOUSE NEWCASTLE DRIVE |
| 22 Sep 2023 | £572,623 | £560,000 | 10 TENNIS DRIVE |
| 29 Nov 2022 | £233,906 | £235,000 | FLAT 4 15 NEWCASTLE DRIVE |
| 8 Jul 2022 | £606,073 | £600,000 | 117 DERBY ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 9 Mar 2016. Using an estimated price of £445,083 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on TENNIS DRIVE is 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Tennis Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennis Drive |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newcastle Terrace |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Newcastle Terrace |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcastle Terrace |