£231,770
This estimated value is based upon the latest sale price for the house of £184,950 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £184,950 | 22 Jun 2018 |
| £157,000 | 27 Apr 2007 |
| £129,950 | 30 Jan 2004 |
| £70,500 | 31 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in June 2018 the House Price Index for NOTTINGHAMSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £184,950 results in an estimated price of approximately £231,770.
| 22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £184,950 | £46,820 | £231,770 |
The Postcode Pricing Model uses changes in average sales price within the S81 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 | 54.829 % | £101,406 | £286,356 |
| 3 Month Average | 38.411 % | £71,040 | £255,990 |
| 6 Month Average | 30.718 % | £56,812 | £241,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £185,080 | £181,000 | 63 ALEXANDER DRIVE |
| 30 Mar 2023 | £289,840 | £285,000 | 11 ALEXANDER DRIVE |
| 10 Feb 2023 | £181,210 | £180,000 | 65 ALEXANDER DRIVE |
| 27 Jun 2022 | £265,679 | £260,000 | 6 ALEXANDER DRIVE |
| 6 Aug 2021 | £303,446 | £270,000 | 16 ROMAN ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Mar 2018. Using an estimated price of £231,770 means this house is valued at £2,604 per sq meter (£241 per sq foot).
The average size of a house on CROMWELL CLOSE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Cromwell Close |
| Sep 2024 | Anti-social behaviour | On or near Amherst Rise | |
| Sep 2024 | Anti-social behaviour | On or near Amherst Rise | |
| Sep 2024 | Anti-social behaviour | On or near Amherst Rise | |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Roman Road |