£255,372
This estimated value is based upon the latest sale price for the house of £206,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £206,000 | 22 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 August 2019 the House Price Index for CITY OF NOTTINGHAM was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £206,000 results in an estimated price of approximately £255,372.
| 22 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £206,000 | £49,372 | £255,372 |
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 | 16.157 % | £33,282 | £239,282 |
| 3 Month Average | 35.256 % | £72,628 | £278,628 |
| 6 Month Average | 23.637 % | £48,692 | £254,692 |
| 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 |
| 1 Aug 2023 | £254,592 | £250,000 | APARTMENT 7 2 - 4 CLINTON TERRACE |
| 29 Nov 2022 | £233,906 | £235,000 | FLAT 4 15 NEWCASTLE DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Nov 2018. Using an estimated price of £255,373 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on NEWCASTLE DRIVE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Elliott Street |
| Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
| Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
| Jul 2024 | Anti-social behaviour | On or near Hermon Street | |
| Jul 2024 | Anti-social behaviour | On or near Hermon Street |