£366,183
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Jul 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £275,000 | 15 Jul 2016 |
| £113,000 | 22 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 July 2016 the House Price Index for CITY OF NOTTINGHAM was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £275,000 results in an estimated price of approximately £366,183.
| 15 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £275,000 | £91,183 | £366,183 |
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 | 48.597 % | £133,641 | £408,641 |
| 3 Month Average | 61.039 % | £167,856 | £442,856 |
| 6 Month Average | 50.647 % | £139,279 | £414,279 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £201,902 | £200,000 | 160A RUSSELL DRIVE |
| 28 Feb 2023 | £524,647 | £525,000 | 7 RECTORY AVENUE |
| 28 Jul 2022 | £1,478,981 | £1,475,000 | 772 WOLLATON ROAD |
| 28 Jul 2022 | £1,002,699 | £1,000,000 | 770 WOLLATON ROAD |
| 15 Dec 2021 | £685,681 | £640,000 | 110 RUSSELL DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 11 Jul 2014. Using an estimated price of £366,183 means this house is valued at £2,774 per sq meter (£257 per sq foot).
The average size of a house on RUSSELL DRIVE is 129 sq meters (1,391 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Rectory Avenue |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Rectory Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rectory Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Leonard'S Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pembury Road |