£301,032
This estimated value is based upon the latest sale price for the house of £295,000 on 22 Jun 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £295,000 | 22 Jun 2023 |
| £246,950 | 9 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 June 2023 the House Price Index for CITY OF NOTTINGHAM was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £295,000 results in an estimated price of approximately £301,032.
| 22 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £295,000 | £6,032 | £301,032 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | 16.742 % | £49,389 | £344,389 |
| 3 Month Average | 12.487 % | £36,836 | £331,836 |
| 6 Month Average | 7.530 % | £22,212 | £317,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £319,915 | £315,000 | 26 WEAVING GARDENS |
| 22 Jun 2023 | £301,033 | £295,000 | 20 WEAVING GARDENS |
| 16 Jun 2023 | £311,237 | £305,000 | 22 COVEDALE ROAD |
| 13 Jun 2023 | £392,873 | £385,000 | 26 CRAGDALE ROAD |
| 14 Apr 2023 | £210,946 | £207,000 | 15 SPINNING DRIVE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 10 Aug 2016. Using an estimated price of £301,033 means this house is valued at £2,181 per sq meter (£202 per sq foot).
The average size of a house on WEAVING GARDENS is 124 sq meters (1,337 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Spinning Drive |
| Sep 2024 | Anti-social behaviour | On or near Spinning Drive | |
| Sep 2024 | Anti-social behaviour | On or near Spinning Drive | |
| Jul 2024 | Anti-social behaviour | On or near Spinning Drive | |
| Jul 2024 | Anti-social behaviour | On or near Spinning Drive |