£53,429
This estimated value is based upon the latest sale price for the house of £31,000 on 17 Nov 2011. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £31,000 | 17 Nov 2011 |
| £35,000 | 9 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
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 November 2011 the House Price Index for CITY OF NOTTINGHAM was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £31,000 results in an estimated price of approximately £53,429.
| 17 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £31,000 | £22,429 | £53,429 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 59.762 % | £18,526 | £49,526 |
| 3 Month Average | 67.486 % | £20,920 | £51,920 |
| 6 Month Average | 72.229 % | £22,391 | £53,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £302,648 | £300,000 | 16 CAVENDISH AVENUE |
| 3 Jul 2023 | £70,955 | £70,000 | 23 MAPPERLEY RISE |
| 3 Jul 2023 | £638,595 | £630,000 | 12 HILLVIEW AVENUE |
| 17 Jun 2022 | £254,598 | £251,000 | 10 CRESTA GARDENS |
| 1 Dec 2021 | £356,978 | £333,195 | 31 CRESTA GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chestnut Walk |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Chestnut Walk |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Avenue |
| Mar 2024 | Other theft | Local resolution | On or near Parkwood Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkwood Crescent |