£975,109
This estimated value is based upon the latest sale price for the house of £785,500 on 9 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 |
---|---|
£785,500 | 9 Nov 2018 |
£650,000 | 3 Mar 2008 |
£250,000 | 4 Jun 2001 |
£220,000 | 3 Sep 1999 |
Detached |
Freehold |
Floor Area: 221 sq meters or 2,378 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 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £785,500 results in an estimated price of approximately £975,109.
9 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £785,500 | £189,609 | £975,109 |
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 | 10.178 % | £79,951 | £865,451 |
3 Month Average | 47.943 % | £376,590 | £1,162,090 |
6 Month Average | 31.124 % | £244,476 | £1,029,976 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £384,767 | £375,000 | 17 CLUMBER CRESCENT NORTH |
30 Jun 2023 | £193,885 | £190,000 | FLAT 7 7 PELHAM CRESCENT |
27 Mar 2023 | £940,710 | £925,000 | CASTLE HOUSE, 13 PELHAM CRESCENT |
28 Feb 2023 | £362,421 | £360,000 | FLAT 3 HADDON HOUSE CAVENDISH CRESCENT NORTH |
30 Nov 2022 | £378,231 | £380,000 | 14 CLUMBER CRESCENT NORTH |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 12 Jun 2018. Using an estimated price of £975,110 means this house is valued at £4,412 per sq meter (£409 per sq foot).
The average size of a house on CAVENDISH CRESCENT NORTH is 240 sq meters (2,588 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Pelham Crescent |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pelham Crescent |
Jul 2024 | Vehicle crime | Offender given a caution | On or near Hardwick Grove |