£4,653,492
This estimated value is based upon the latest sale price for the house of £765,000 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £765,000 | 20 Oct 2023 |
| £35,000 | 1 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 October 2023 the House Price Index for CITY OF NOTTINGHAM was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £765,000 results in an estimated price of approximately £4,653,492.
| 20 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £765,000 | £3,888,492 | £4,653,492 |
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 | -27.962 % | £-213,912 | £551,087 |
| 3 Month Average | -8.948 % | £-68,455 | £696,544 |
| 6 Month Average | -5.260 % | £-40,235 | £724,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 22 Sep 2023 | £567,253 | £560,000 | 10 TENNIS 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 |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 11 Oct 2012.
The average size of a house on NEWCASTLE DRIVE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Newcastle Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newcastle Drive |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace | |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Terrace |