£340,908
This estimated value is based upon the latest sale price for the house of £285,000 on 4 Sep 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £285,000 | 4 Sep 2020 |
| £249,950 | 29 Apr 2016 |
| £185,000 | 29 Aug 2014 |
| £170,000 | 23 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2020 the House Price Index for CITY OF NOTTINGHAM was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £285,000 results in an estimated price of approximately £340,908.
| 4 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £285,000 | £55,908 | £340,908 |
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 | 6.718 % | £19,145 | £304,145 |
| 3 Month Average | 17.012 % | £48,484 | £333,484 |
| 6 Month Average | 24.764 % | £70,576 | £355,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jun 2024 | £250,000 | £250,000 | 6 ELVASTON ROAD |
| 22 Mar 2024 | £315,853 | £311,000 | 20 ELVASTON ROAD |
| 24 Nov 2023 | £384,767 | £375,000 | 28 HAMBLEDON DRIVE |
| 18 Sep 2023 | £383,453 | £375,000 | 11 HECKINGTON DRIVE |
| 5 Apr 2023 | £264,956 | £260,000 | 55 HECKINGTON DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 11 Mar 2020. Using an estimated price of £340,909 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on HECKINGTON DRIVE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heckington Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heckington Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Heckington Drive |
| Sep 2024 | Anti-social behaviour | On or near Runswick Drive | |
| Sep 2024 | Anti-social behaviour | On or near Runswick Drive |