£39,264
This estimated value is based upon the latest sale price for the house of £23,000 on 26 Aug 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There has been one burglary within the last year on or near Newcastle Farm Drive
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| Price Paid | Date |
|---|---|
| £23,000 | 26 Aug 2010 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 730 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 August 2010 the House Price Index for CITY OF NOTTINGHAM was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £23,000 results in an estimated price of approximately £39,264.
| 26 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.715 % | £23,000 | £16,264 | £39,264 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 90.287 % | £20,766 | £43,766 |
| 3 Month Average | 89.295 % | £20,537 | £43,537 |
| 6 Month Average | 85.883 % | £19,753 | £42,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £296,537 | £290,000 | 15 WENSLEYDALE CLOSE |
| 25 Aug 2023 | £103,873 | £102,000 | 1 STAINDALE COURT |
| 24 Feb 2023 | £181,210 | £180,000 | 6 DENEHURST AVENUE |
| 10 Feb 2023 | £261,748 | £260,000 | 399A NUTHALL ROAD |
| 14 Oct 2022 | £87,707 | £88,000 | 29 MELBOURNE COURT |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 18 Dec 2009. Using an estimated price of £39,265 means this house is valued at £578 per sq meter (£53 per sq foot).
The average size of a house on NEWCASTLE FARM DRIVE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near Newcastle Farm Drive |
| Jul 2024 | Drugs | Under investigation | On or near Newcastle Farm Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Newcastle Farm Drive |
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Newcastle Farm Drive |
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Newcastle Farm Drive |