£365,442
This estimated value is based upon the latest sale price for the house of £362,000 on 17 Mar 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 |
---|---|
£362,000 | 17 Mar 2023 |
£303,000 | 3 Aug 2018 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 March 2023 the House Price Index for CITY OF NOTTINGHAM was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £362,000 results in an estimated price of approximately £365,442.
17 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.6 | 0.951 % | £362,000 | £3,442 | £365,442 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | -0.815 % | £-2,951 | £359,048 |
3 Month Average | -0.166 % | £-602 | £361,397 |
6 Month Average | 4.990 % | £18,063 | £380,063 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £330,788 | £325,000 | 53 TRENTHAM DRIVE |
17 Nov 2023 | £367,947 | £362,500 | 29 MORELLO DRIVE |
21 Sep 2023 | £399,103 | £394,000 | 11 DISCOVERY DRIVE |
11 Aug 2023 | £287,515 | £285,000 | 38 MORELLO DRIVE |
24 Jul 2023 | £344,638 | £340,000 | 39 TRENTHAM DRIVE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 22 Jun 2018. Using an estimated price of £365,443 means this house is valued at £3,177 per sq meter (£295 per sq foot).
The average size of a house on MORELLO DRIVE is 106 sq meters (1,144 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Trentham Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Trentham Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Trentham Drive |
Feb 2024 | Theft from the person | Under investigation | On or near Trentham Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trentham Gardens |