£307,842
This estimated value is based upon the latest sale price for the house of £200,000 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£200,000 | 18 Jul 2014 |
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 July 2014 the House Price Index for CITY OF NOTTINGHAM was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £200,000 results in an estimated price of approximately £307,842.
18 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £200,000 | £107,842 | £307,842 |
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 | 52.381 % | £104,761 | £304,761 |
3 Month Average | 78.236 % | £156,471 | £356,471 |
6 Month Average | 89.192 % | £178,384 | £378,384 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2024 | £330,000 | £330,000 | 9 MAIDSTONE DRIVE |
30 Apr 2024 | £310,194 | £307,500 | 7 ROMNEY AVENUE |
1 Mar 2024 | £363,586 | £358,000 | 3 APPLEDORE AVENUE |
19 Dec 2023 | £199,119 | £193,000 | 1 GRANGEWOOD HOUSE BRAMCOTE LANE |
8 Nov 2023 | £379,637 | £370,000 | 239 BRAMCOTE LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Apr 2015. Using an estimated price of £307,843 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on MAIDSTONE DRIVE is 109 sq meters (1,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Avenue |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romney Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Romney Avenue |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Romney Avenue |