£258,235
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£225,000 | 18 Dec 2020 |
Detached |
Freehold |
Floor Area: 79 sq meters or 850 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 December 2020 the House Price Index for CITY OF NOTTINGHAM was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £225,000 results in an estimated price of approximately £258,235.
18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £225,000 | £33,235 | £258,235 |
The Postcode Pricing Model uses changes in average sales price within the NG11 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 | 73.664 % | £165,743 | £390,743 |
3 Month Average | 29.369 % | £66,081 | £291,081 |
6 Month Average | 23.842 % | £53,644 | £278,644 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £208,081 | £205,000 | 5 LYTHE CLOSE |
21 Jul 2023 | £361,870 | £357,000 | 11 LYTHE CLOSE |
2 Jun 2023 | £440,334 | £435,000 | 18 KENNY AVENUE |
6 Apr 2023 | £232,503 | £230,000 | 19 NEWHOLM DRIVE |
24 Jan 2023 | £164,226 | £165,000 | 4 MEDBANK COURT |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 10 Jul 2020. Using an estimated price of £258,236 means this house is valued at £3,268 per sq meter (£303 per sq foot).
The average size of a house on NEWHOLM DRIVE is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Newholm Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clifton Boulevard |
Mar 2024 | Burglary | Under investigation | On or near Quinton Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Becket Grove |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Becket Grove |