£527,559
This estimated value is based upon the latest sale price for the house of £300,000 on 20 Nov 2009. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £300,000 | 20 Nov 2009 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,253 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 2009 the House Price Index for CITY OF NOTTINGHAM was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £300,000 results in an estimated price of approximately £527,559.
| 20 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £300,000 | £227,559 | £527,559 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 65.351 % | £196,053 | £496,053 |
| 3 Month Average | 62.952 % | £188,856 | £488,856 |
| 6 Month Average | 73.717 % | £221,149 | £521,149 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £143,646 | £140,000 | 1 BELFORD CLOSE |
| 9 Jun 2023 | £153,067 | £150,000 | 18 HOWICK DRIVE |
| 28 Apr 2023 | £203,812 | £200,000 | 8 CRASTER DRIVE |
| 17 Mar 2023 | £152,548 | £150,000 | 8 HOWICK DRIVE |
| 10 Mar 2023 | £122,038 | £120,000 | 8 HEMSCOTT CLOSE |
This house has a floor area of 116 sq meters or 1,253 sq feet when measured on 25 Feb 2011. Using an estimated price of £527,560 means this house is valued at £4,529 per sq meter (£420 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Belford Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Belford Close |
| Jul 2024 | Other theft | Under investigation | On or near Seller'S Wood Drive West |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Seller'S Wood Drive West |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheviot Drive |