£137,984
This estimated value is based upon the latest sale price for the house of £74,500 on 25 Jul 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£74,500 | 25 Jul 2005 |
£59,000 | 28 Aug 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2005 the House Price Index for CITY OF NOTTINGHAM was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £74,500 results in an estimated price of approximately £137,984.
25 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.214 % | £74,500 | £63,484 | £137,984 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | 90.962 % | £67,766 | £142,266 |
3 Month Average | 91.055 % | £67,836 | £142,336 |
6 Month Average | 89.404 % | £66,605 | £141,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2024 | £110,000 | £110,000 | 26 NEWARK CRESCENT |
5 Jul 2024 | £110,000 | £110,000 | 1 MANOR AVENUE |
7 Dec 2023 | £165,072 | £160,000 | 12 UPPER ELDON STREET |
17 Nov 2023 | £108,761 | £106,000 | 37 NEWARK CRESCENT |
20 Oct 2023 | £153,486 | £150,000 | 3 KESWICK STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Mar 2018. Using an estimated price of £137,984 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on NEWARK CRESCENT is 70 sq meters (762 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Possession of weapons | Under investigation | On or near Manvers Street |
Sep 2024 | Anti-social behaviour | On or near Manvers Street | |
Sep 2024 | Anti-social behaviour | On or near Manvers Street | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Manvers Street |
Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Newark Crescent |