£168,062
This estimated value is based upon the latest sale price for the house of £162,000 on 7 Apr 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 7 Apr 2022 |
| £76,000 | 17 Jul 2009 |
| £76,000 | 17 Jul 2009 |
| £33,500 | 8 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in April 2022 the House Price Index for NOTTINGHAMSHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £162,000 results in an estimated price of approximately £168,062.
| 7 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £162,000 | £6,062 | £168,062 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | -9.574 % | £-15,510 | £146,489 |
| 3 Month Average | 5.344 % | £8,657 | £170,657 |
| 6 Month Average | 13.801 % | £22,357 | £184,357 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £139,646 | £137,500 | 7 HALAM CLOSE |
| 16 Sep 2022 | £109,927 | £110,000 | 31 JENKINS AVENUE |
| 28 Jul 2022 | £183,842 | £182,000 | 18 JENKINS AVENUE |
| 26 May 2022 | £132,451 | £129,000 | 4 TOWNROE DRIVE |
| 29 Apr 2022 | £124,491 | £120,000 | 24 MILFORD CRESCENT |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Dec 2019. Using an estimated price of £168,062 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on BAILEY CRESCENT is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Bailey Crescent |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bailey Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bailey Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bailey Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bailey Crescent |