£78,867
This estimated value is based upon the latest sale price for the house of £65,000 on 27 Mar 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 |
|---|---|
| £65,000 | 27 Mar 2020 |
| £54,000 | 10 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2020 the House Price Index for CITY OF NOTTINGHAM was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £65,000 results in an estimated price of approximately £78,867.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £65,000 | £13,867 | £78,867 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 36.307 % | £23,599 | £88,599 |
| 3 Month Average | 23.287 % | £15,136 | £80,136 |
| 6 Month Average | 27.051 % | £17,582 | £82,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2022 | £164,280 | £160,000 | 2 GOLDCREST ROAD |
| 4 Feb 2022 | £150,440 | £142,400 | 30 BLACKTHORN DRIVE |
| 31 Jan 2022 | £206,739 | £195,000 | 40 ROWANS CRESCENT |
| 28 Sep 2021 | £377,778 | £348,000 | 28 GOLDCREST ROAD |
| 6 Aug 2021 | £252,872 | £225,000 | 4 ROWANS CRESCENT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 9 May 2019. Using an estimated price of £78,868 means this house is valued at £1,433 per sq meter (£133 per sq foot).
The average size of a house on BLACKTHORN DRIVE is 62 sq meters (670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Blackthorne Drive |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackthorne Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Rowans Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldcrest Road |
| Jul 2024 | Anti-social behaviour | On or near Goldcrest Road |