£376,425
This estimated value is based upon the latest sale price for the house of £205,000 on 17 Jul 2009. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Newstead Avenue
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| Price Paid | Date |
|---|---|
| £205,000 | 17 Jul 2009 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 974 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 July 2009 the House Price Index for NOTTINGHAMSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £205,000 results in an estimated price of approximately £376,425.
| 17 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £205,000 | £171,425 | £376,425 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 32.262 % | £66,137 | £271,137 |
| 3 Month Average | 84.476 % | £173,175 | £378,175 |
| 6 Month Average | 77.964 % | £159,827 | £364,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £300,000 | £300,000 | 62 MARSHALL HILL DRIVE |
| 18 Dec 2023 | £363,675 | £352,500 | 357 WESTDALE LANE |
| 15 Nov 2023 | £405,288 | £395,000 | 69 FERNLEIGH AVENUE |
| 7 Sep 2023 | £526,609 | £515,000 | 343 WESTDALE LANE |
| 4 Apr 2023 | £295,528 | £290,000 | 21 MARSHALL HILL DRIVE |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 2 Apr 2009. Using an estimated price of £376,425 means this house is valued at £4,155 per sq meter (£386 per sq foot).
The average size of a house on MARSHALL HILL DRIVE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Newstead Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fernleigh Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Digby Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Digby Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lambley Avenue |