£360,026
This estimated value is based upon the latest sale price for the house of £280,995 on 9 Jun 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 |
|---|---|
| £280,995 | 9 Jun 2017 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 June 2017 the House Price Index for CITY OF NOTTINGHAM was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £280,995 results in an estimated price of approximately £360,026.
| 9 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £280,995 | £79,031 | £360,026 |
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 | 39.835 % | £111,935 | £392,930 |
| 3 Month Average | 36.962 % | £103,861 | £384,856 |
| 6 Month Average | 58.568 % | £164,574 | £445,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £272,383 | £270,000 | 51 WALESBY CRESCENT |
| 3 Feb 2023 | £255,828 | £256,000 | 57 WALESBY CRESCENT |
| 19 Aug 2022 | £351,055 | £352,000 | 78 CHALFONT DRIVE |
| 8 Jul 2022 | £215,580 | £215,000 | 79 WALESBY CRESCENT |
| 31 Mar 2022 | £174,092 | £168,000 | 5 STURMER WAY |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 7 Nov 2016. Using an estimated price of £360,026 means this house is valued at £3,158 per sq meter (£293 per sq foot).
The average size of a house on CHALFONT DRIVE is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sturmer Way |
| Jan 2024 | Anti-social behaviour | On or near Sturmer Way | |
| Jan 2024 | Anti-social behaviour | On or near Sturmer Way | |
| Jan 2024 | Anti-social behaviour | On or near Sturmer Way | |
| Jan 2024 | Anti-social behaviour | On or near Sturmer Way |