£294,357
This estimated value is based upon the latest sale price for the house of £290,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £290,000 | 3 Nov 2023 |
| £277,500 | 20 Nov 2020 |
| £237,500 | 9 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 November 2023 the House Price Index for CITY OF NOTTINGHAM was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £290,000 results in an estimated price of approximately £294,357.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £290,000 | £4,357 | £294,357 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 30.328 % | £87,951 | £377,951 |
| 3 Month Average | 0.543 % | £1,575 | £291,575 |
| 6 Month Average | 2.009 % | £5,825 | £295,825 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £294,358 | £290,000 | APARTMENT 1 4 NEWCASTLE DRIVE |
| 22 Sep 2023 | £567,253 | £560,000 | 10 TENNIS DRIVE |
| 29 Nov 2022 | £232,188 | £235,000 | FLAT 4 15 NEWCASTLE DRIVE |
| 8 Jul 2022 | £601,619 | £600,000 | 117 DERBY ROAD |
| 24 Mar 2022 | £271,501 | £262,000 | FLAT 1 7 CLINTON TERRACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Nov 2018. Using an estimated price of £294,358 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on NEWCASTLE DRIVE is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Elliott Street |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street | |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street | |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street | |
| Mar 2024 | Anti-social behaviour | On or near Hermon Street |