£167,229
This estimated value is based upon the latest sale price for the house of £106,500 on 25 Jan 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£106,500 | 25 Jan 2008 |
£64,950 | 16 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2008 the House Price Index for CITY OF NOTTINGHAM was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £106,500 results in an estimated price of approximately £167,229.
25 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 149.7 | 57.023 % | £106,500 | £60,729 | £167,229 |
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 | 90.332 % | £96,204 | £202,704 |
3 Month Average | 77.645 % | £82,692 | £189,192 |
6 Month Average | 72.358 % | £77,061 | £183,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2024 | £181,000 | £181,000 | 67 BESTWOOD PARK DRIVE |
26 Apr 2024 | £144,253 | £143,000 | 47 BESTWOOD PARK DRIVE |
18 Aug 2023 | £175,159 | £172,000 | 78 BROADWOOD ROAD |
3 Mar 2023 | £89,495 | £88,000 | 43 ROSE ASH LANE |
25 Nov 2022 | £223,953 | £225,000 | 3 RINGSTEAD WALK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Jul 2014. Using an estimated price of £167,230 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on BESTWOOD PARK DRIVE is 81 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bestwood Park Drive |
Oct 2024 | Other crime | Under investigation | On or near Bestwood Park Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Bestwood Park Drive |
Oct 2024 | Other crime | Under investigation | On or near Bestwood Park Drive |
Sep 2024 | Anti-social behaviour | On or near Treegarth Square |