£126,265
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Jul 2022. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Jul 2022 |
| £67,000 | 1 Dec 2006 |
| £29,950 | 17 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2022 the House Price Index for CITY OF NOTTINGHAM was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £125,000 results in an estimated price of approximately £126,265.
| 11 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £125,000 | £1,265 | £126,265 |
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 | -14.055 % | £-17,568 | £107,431 |
| 3 Month Average | 3.882 % | £4,852 | £129,852 |
| 6 Month Average | 9.522 % | £11,902 | £136,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £299,194 | £290,000 | 2 LANCASTER WAY |
| 8 Dec 2023 | £144,438 | £140,000 | 95 CRANWELL ROAD |
| 23 Oct 2023 | £266,042 | £260,000 | 3 LANCASTER WAY |
| 25 Aug 2023 | £287,180 | £282,000 | 34 LANCASTER WAY |
| 17 Aug 2023 | £152,755 | £150,000 | 9 WOOLSINGTON CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 19 May 2021. Using an estimated price of £126,265 means this house is valued at £1,706 per sq meter (£158 per sq foot).
The average size of a house on CRANWELL ROAD is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Kildonan Close |
| Sep 2024 | Anti-social behaviour | On or near Kildonan Close | |
| Sep 2024 | Anti-social behaviour | On or near Kildonan Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cranwell Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Cranwell Road |