£461,656
This estimated value is based upon the latest sale price for the house of £98,950 on 28 Oct 1998. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £98,950 | 28 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,081 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 October 1998 the House Price Index for CITY OF NOTTINGHAM was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £98,950 results in an estimated price of approximately £461,656.
| 28 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £98,950 | £362,706 | £461,656 |
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 | 315.521 % | £312,208 | £411,158 |
| 3 Month Average | 381.630 % | £377,623 | £476,573 |
| 6 Month Average | 334.067 % | £330,559 | £429,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £357,884 | £349,995 | FLAT 6 HAMILTON COURT HAMILTON DRIVE |
| 11 Aug 2023 | £162,939 | £160,000 | FLAT 3 18 HOPE DRIVE |
| 4 Aug 2022 | £196,921 | £196,000 | 10 THE GALLERY HOPE DRIVE |
| 14 Apr 2022 | £632,827 | £610,000 | 7 PEVERIL DRIVE |
| 11 Mar 2022 | £360,157 | £345,000 | THE COACH HOUSE OGLE DRIVE |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 11 Oct 2008. Using an estimated price of £461,656 means this house is valued at £4,595 per sq meter (£426 per sq foot).
The average size of a house on PEVERIL DRIVE is 161 sq meters (1,734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hope Drive |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| May 2024 | Anti-social behaviour | On or near Hope Drive | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Drive |