£251,262
This estimated value is based upon the latest sale price for the house of £192,000 on 22 Feb 2018. 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 Launceston Crescent
More crime details
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Price Paid | Date |
---|---|
£192,000 | 22 Feb 2018 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 February 2018 the House Price Index for CITY OF NOTTINGHAM was 79.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 30.866%.Applying this 30.866% change to the original purchase price of £192,000 results in an estimated price of approximately £251,262.
22 Feb 2018 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.7 | 104.3 | 30.866 % | £192,000 | £59,262 | £251,262 |
The Postcode Pricing Model uses changes in average sales price within the NG11 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 | 19.656 % | £37,739 | £229,739 |
3 Month Average | 49.058 % | £94,191 | £286,191 |
6 Month Average | 47.015 % | £90,268 | £282,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2025 | £358,000 | £358,000 | 137 RUDDINGTON LANE |
13 Dec 2024 | £459,291 | £445,200 | 22 ROWAN DRIVE |
6 Sep 2024 | £498,415 | £475,000 | 2 BREWILL GROVE |
30 Aug 2024 | £274,142 | £261,000 | 115 RUDDINGTON LANE |
12 Dec 2023 | £343,728 | £320,000 | 14 ROWAN DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 30 May 2017. Using an estimated price of £251,262 means this house is valued at £3,221 per sq meter (£299 per sq foot).
The average size of a house on LAUNCESTON CRESCENT is 97 sq meters (1,051 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Burglary | Investigation complete; no suspect identified | On or near Launceston Crescent |
Apr 2025 | Violence and sexual offences | Under investigation | On or near Clifton Boulevard |
Feb 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Clifton Boulevard |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Ruddington Lane |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Ruddington Lane |