£225,504
This estimated value is based upon the latest sale price for the house of £183,000 on 20 Nov 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£183,000 | 20 Nov 2018 |
£62,000 | 12 Aug 1999 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2018 the House Price Index for CITY OF NOTTINGHAM was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £183,000 results in an estimated price of approximately £225,504.
20 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £183,000 | £42,504 | £225,504 |
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 | 97.884 % | £179,127 | £362,127 |
3 Month Average | 45.551 % | £83,359 | £266,359 |
6 Month Average | 41.241 % | £75,471 | £258,471 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £248,173 | £245,000 | 26 LAUNCESTON CRESCENT |
23 Jun 2023 | £319,875 | £316,000 | 16 FIVE ACRES |
6 Apr 2023 | £232,503 | £230,000 | 19 NEWHOLM DRIVE |
16 Jan 2023 | £243,851 | £245,000 | 21 LAUNCESTON CRESCENT |
16 Nov 2022 | £271,709 | £275,000 | 21 FIVE ACRES |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 15 Jul 2016. Using an estimated price of £225,505 means this house is valued at £3,579 per sq meter (£332 per sq foot).
The average size of a house on NEWHOLM DRIVE is 87 sq meters (942 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clifton Boulevard |
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 Launceston Crescent |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Launceston Crescent |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookthorpe Way |