£283,019
This estimated value is based upon the latest sale price for the house of £158,000 on 21 Nov 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £158,000 | 21 Nov 2008 |
| £219,950 | 19 Dec 2003 |
| Flats/Maisonettes |
| Leasehold |
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 2008 the House Price Index for CITY OF NOTTINGHAM was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £158,000 results in an estimated price of approximately £283,019.
| 21 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £158,000 | £125,019 | £283,019 |
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 | 49.277 % | £77,858 | £235,858 |
| 3 Month Average | 39.806 % | £62,894 | £220,894 |
| 6 Month Average | 49.182 % | £77,708 | £235,708 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £161,412 | £160,000 | FLAT 3 18 HOPE DRIVE |
| 23 Mar 2023 | £166,569 | £165,000 | 16 THE GALLERY HOPE DRIVE |
| 21 Mar 2023 | £368,471 | £365,000 | 121 CASTLE BOULEVARD |
| 7 Mar 2023 | £203,921 | £202,000 | 12 THE GALLERY HOPE DRIVE |
| 25 Jan 2023 | £305,063 | £306,500 | 4 WOODSEND WHARF |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Public order | Under investigation | On or near Palatine Street |