£162,707
This estimated value is based upon the latest sale price for the house of £123,600 on 27 Jan 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 |
|---|---|
| £123,600 | 27 Jan 2017 |
| £121,000 | 27 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 39 sq meters or 424 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 January 2017 the House Price Index for CITY OF NOTTINGHAM was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £123,600 results in an estimated price of approximately £162,707.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £123,600 | £39,107 | £162,707 |
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 | 87.537 % | £108,195 | £231,795 |
| 3 Month Average | 49.516 % | £61,201 | £184,801 |
| 6 Month Average | 49.724 % | £61,459 | £185,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £146,323 | £143,000 | 31 FLAXTON WAY |
| 2 Oct 2023 | £127,905 | £125,000 | 13 THORNBURY WAY |
| 23 Feb 2023 | £98,156 | £97,500 | 11 FLAXTON WAY |
| 29 Jul 2022 | £186,973 | £185,100 | 110 BAKEWELL DRIVE |
| 18 Mar 2022 | £151,370 | £145,000 | 25 THORNBURY WAY |
This house has a floor area of 39 sq meters or 424 sq feet when measured on 12 Mar 2009. Using an estimated price of £162,707 means this house is valued at £4,122 per sq meter (£382 per sq foot).
The average size of a house on BAKEWELL DRIVE is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bakewell Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barnes Road |
| Oct 2024 | Other crime | Under investigation | On or near Barnes Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Barnes Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Barnes Road |