£217,242
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Nov 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Nov 2018 |
| £72,000 | 16 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2018 the House Price Index for CITY OF NOTTINGHAM was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £175,000 results in an estimated price of approximately £217,242.
| 29 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £175,000 | £42,242 | £217,242 |
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 | 13.032 % | £22,805 | £197,805 |
| 3 Month Average | 30.814 % | £53,924 | £228,924 |
| 6 Month Average | 33.631 % | £58,854 | £233,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £370,000 | £370,000 | 39 PRESTWOOD DRIVE |
| 15 Dec 2023 | £335,303 | £325,000 | 53 TRENTHAM DRIVE |
| 24 Nov 2023 | £231,604 | £225,725 | 20 PRESTWOOD DRIVE |
| 17 Nov 2023 | £371,941 | £362,500 | 29 MORELLO DRIVE |
| 21 Sep 2023 | £402,881 | £394,000 | 11 DISCOVERY DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Aug 2017. Using an estimated price of £217,243 means this house is valued at £2,896 per sq meter (£269 per sq foot).
The average size of a house on REVESBY GARDENS is 86 sq meters (935 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trentham Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakwood Drive |
| Aug 2024 | Anti-social behaviour | On or near Discovery Drive | |
| Aug 2024 | Anti-social behaviour | On or near Discovery Drive | |
| Aug 2024 | Anti-social behaviour | On or near Discovery Drive |