£199,718
This estimated value is based upon the latest sale price for the house of £124,950 on 7 Jun 2007. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £124,950 | 7 Jun 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 June 2007 the House Price Index for CITY OF NOTTINGHAM was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £124,950 results in an estimated price of approximately £199,718.
| 7 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £124,950 | £74,768 | £199,718 |
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 | 80.751 % | £100,898 | £225,848 |
| 3 Month Average | 67.535 % | £84,384 | £209,334 |
| 6 Month Average | 71.220 % | £88,989 | £213,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £230,229 | £225,000 | 17 SARAH AVENUE |
| 1 Sep 2023 | £297,559 | £291,000 | 5 SARAH AVENUE |
| 14 Aug 2023 | £224,041 | £220,000 | 43 KELHAM DRIVE |
| 28 Mar 2023 | £191,447 | £188,250 | 20 SARAH AVENUE |
| 13 Mar 2023 | £230,855 | £227,000 | 8 SARAH AVENUE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Nov 2021. Using an estimated price of £199,719 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on KELHAM DRIVE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kelham Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Henley Rise |