£888,563
This estimated value is based upon the latest sale price for the house of £145,000 on 3 May 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 |
|---|---|
| £145,000 | 3 May 2023 |
| Terraced |
| Freehold |
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 May 2023 the House Price Index for CITY OF NOTTINGHAM was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £145,000 results in an estimated price of approximately £888,563.
| 3 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £145,000 | £743,563 | £888,563 |
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 | -39.213 % | £-56,858 | £88,141 |
| 3 Month Average | 7.234 % | £10,488 | £155,488 |
| 6 Month Average | 4.265 % | £6,183 | £151,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £174,515 | £173,000 | 32 BARWELL DRIVE |
| 8 Dec 2023 | £144,438 | £140,000 | 95 CRANWELL ROAD |
| 7 Dec 2023 | £196,023 | £190,000 | 33 ASKEBY DRIVE |
| 27 Apr 2023 | £183,431 | £180,000 | 18 ASKEBY DRIVE |
| 16 Aug 2022 | £130,611 | £130,000 | 34 WOOLSINGTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Prestwick Close |
| Oct 2024 | Theft from the person | Under investigation | On or near Prestwick Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Prestwick Close |
| Sep 2024 | Anti-social behaviour | On or near Prestwick Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prestwick Close |