£346,244
This estimated value is based upon the latest sale price for the house of £340,000 on 22 Aug 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 22 Aug 2023 |
| £278,995 | 31 Mar 2020 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in August 2023 the House Price Index for NOTTINGHAMSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £340,000 results in an estimated price of approximately £346,244.
| 22 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £340,000 | £6,244 | £346,244 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | 5.998 % | £20,393 | £360,393 |
| 3 Month Average | -2.528 % | £-8,595 | £331,404 |
| 6 Month Average | 1.514 % | £5,147 | £345,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £48,372 | £47,500 | 1 CORNELIA MEWS |
| 22 Aug 2023 | £346,245 | £340,000 | 18 SNOWDEN DRIVE |
| 28 Oct 2022 | £423,585 | £425,000 | 2 SNOWDEN DRIVE |
| 29 Jul 2022 | £328,289 | £325,000 | 20 SNOWDEN DRIVE |
| 28 Sep 2021 | £249,681 | £230,000 | 12 BLOSSOM GROVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 4 Mar 2020. Using an estimated price of £346,245 means this house is valued at £2,838 per sq meter (£263 per sq foot).
The average size of a house on SNOWDEN DRIVE is 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Snowden Drive | |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Snowden Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monsella Grove |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Blossom Grove |
| Jun 2024 | Vehicle crime | Under investigation | On or near Cornelia Mews |