£359,435
This estimated value is based upon the latest sale price for the house of £283,000 on 4 Aug 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £283,000 | 4 Aug 2017 |
| £249,500 | 8 Aug 2008 |
| £77,000 | 19 Sep 1997 |
| Detached |
| Freehold |
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 2017 the House Price Index for CITY OF NOTTINGHAM was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £283,000 results in an estimated price of approximately £359,435.
| 4 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £283,000 | £76,435 | £359,435 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 14.490 % | £41,007 | £324,007 |
| 3 Month Average | 37.735 % | £106,788 | £389,788 |
| 6 Month Average | 48.907 % | £138,406 | £421,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £289,283 | £285,000 | 89 ELVASTON ROAD |
| 28 Jul 2023 | £354,775 | £350,000 | 42 BRENDON ROAD |
| 12 Aug 2022 | £299,195 | £300,000 | 69 TOM BLOWER CLOSE |
| 26 May 2022 | £356,722 | £350,000 | 75 ELVASTON ROAD |
| 26 May 2022 | £316,922 | £310,950 | 55 ELVASTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brendon Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sawmill Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sawmill Lane |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |