£593,686
This estimated value is based upon the latest sale price for the house of £582,500 on 20 May 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £582,500 | 20 May 2022 |
| £333,402 | 22 Dec 2016 |
| 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 May 2022 the House Price Index for CITY OF NOTTINGHAM was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £582,500 results in an estimated price of approximately £593,686.
| 20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £582,500 | £11,186 | £593,686 |
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 | -27.154 % | £-158,170 | £424,329 |
| 3 Month Average | -2.326 % | £-13,547 | £568,952 |
| 6 Month Average | -0.025 % | £-143 | £582,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 29 Nov 2022 | £232,188 | £235,000 | FLAT 4 15 NEWCASTLE DRIVE |
| 8 Jul 2022 | £601,619 | £600,000 | 117 DERBY ROAD |
| 30 Jun 2022 | £938,259 | £925,000 | 21 NEWCASTLE DRIVE |
| 24 Jun 2022 | £882,471 | £870,000 | 26 NEWCASTLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elliott Street |
| Mar 2024 | Other theft | Under investigation | On or near St Helen'S Street |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near St Helen'S Street |
| Feb 2024 | Anti-social behaviour | On or near St Helen'S Street | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Helen'S Street |