£144,909
This estimated value is based upon the latest sale price for the house of £54,550 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £54,550 | 25 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2002 the House Price Index for CITY OF NOTTINGHAM was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £54,550 results in an estimated price of approximately £144,909.
| 25 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 149.7 | 165.645 % | £54,550 | £90,359 | £144,909 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | 133.401 % | £72,770 | £127,320 |
| 3 Month Average | 171.742 % | £93,685 | £148,235 |
| 6 Month Average | 179.144 % | £97,722 | £152,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £110,000 | £110,000 | 1 MANOR AVENUE |
| 30 Nov 2023 | £168,271 | £164,000 | 23 MARHAM CLOSE |
| 17 Nov 2023 | £108,761 | £106,000 | 37 NEWARK CRESCENT |
| 15 Sep 2023 | £172,400 | £168,600 | 22 LEES HILL STREET |
| 21 Apr 2023 | £123,306 | £121,000 | 11 MANOR AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Mar 2018. Using an estimated price of £144,909 means this house is valued at £2,070 per sq meter (£192 per sq foot).
The average size of a house on NEWARK CRESCENT is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Marham Close |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Marham Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Marham Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marham Close |
| Oct 2024 | Bicycle theft | Under investigation | On or near Marham Close |