£210,363
This estimated value is based upon the latest sale price for the house of £149,950 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£149,950 | 6 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 679 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 2015 the House Price Index for CITY OF NOTTINGHAM was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £149,950 results in an estimated price of approximately £210,363.
6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £149,950 | £60,413 | £210,363 |
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 | 25.448 % | £38,159 | £188,109 |
3 Month Average | 46.403 % | £69,581 | £219,531 |
6 Month Average | 42.555 % | £63,811 | £213,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £844,173 | £825,000 | 3 HOPE DRIVE |
11 Aug 2023 | £162,939 | £160,000 | FLAT 3 18 HOPE DRIVE |
23 Mar 2023 | £167,802 | £165,000 | 16 THE GALLERY HOPE DRIVE |
21 Mar 2023 | £371,199 | £365,000 | 121 CASTLE BOULEVARD |
7 Mar 2023 | £205,431 | £202,000 | 12 THE GALLERY HOPE DRIVE |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 8 Jul 2011. Using an estimated price of £210,364 means this house is valued at £3,331 per sq meter (£309 per sq foot).
The average size of a house on HOPE DRIVE is 99 sq meters (1,066 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Hope Drive | |
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 | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hope Drive |