£522,961
This estimated value is based upon the latest sale price for the house of £128,000 on 22 Nov 1999. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £128,000 | 22 Nov 1999 |
| £78,000 | 28 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 115 sq meters or 1,237 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 November 1999 the House Price Index for CITY OF NOTTINGHAM was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £128,000 results in an estimated price of approximately £522,961.
| 22 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £128,000 | £394,961 | £522,961 |
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 | 215.693 % | £276,086 | £404,086 |
| 3 Month Average | 230.801 % | £295,424 | £423,424 |
| 6 Month Average | 272.138 % | £348,336 | £476,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 22 Sep 2023 | £567,253 | £560,000 | 10 TENNIS DRIVE |
| 29 Nov 2022 | £232,188 | £235,000 | FLAT 4 15 NEWCASTLE DRIVE |
| 8 Jul 2022 | £601,619 | £600,000 | 117 DERBY ROAD |
| 30 Jun 2022 | £938,259 | £925,000 | 21 NEWCASTLE DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Feb 2019. Using an estimated price of £522,962 means this house is valued at £4,547 per sq meter (£422 per sq foot).
The average size of a house on NEWCASTLE DRIVE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newcastle Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcastle Drive |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace |