£186,227
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £145,000 | 28 Jul 2017 |
| £39,000 | 3 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2017 the House Price Index for CITY OF NOTTINGHAM was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £145,000 results in an estimated price of approximately £186,227.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £145,000 | £41,227 | £186,227 |
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 | 49.136 % | £71,247 | £216,247 |
| 3 Month Average | 43.323 % | £62,818 | £207,818 |
| 6 Month Average | 41.273 % | £59,846 | £204,846 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £250,000 | £250,000 | 121 DEER PARK DRIVE |
| 26 Apr 2024 | £100,876 | £100,000 | 20 MELKSHAM ROAD |
| 16 Aug 2023 | £172,104 | £169,000 | 130 QUEENS BOWER ROAD |
| 9 Feb 2022 | £87,686 | £83,000 | 23 MILDENHALL CRESCENT |
| 9 Feb 2022 | £269,397 | £255,000 | 107 DEER PARK DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 May 2017. Using an estimated price of £186,227 means this house is valued at £2,271 per sq meter (£210 per sq foot).
The average size of a house on MELKSHAM ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Castellan Rise |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castellan Rise |
| Aug 2024 | Anti-social behaviour | On or near Castellan Rise | |
| Aug 2024 | Anti-social behaviour | On or near Castellan Rise | |
| Aug 2024 | Anti-social behaviour | On or near Castellan Rise |