£289,906
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 7 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2020 the House Price Index for CITY OF NOTTINGHAM was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £240,000 results in an estimated price of approximately £289,906.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £240,000 | £49,906 | £289,906 |
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 | -39.191 % | £-94,058 | £145,941 |
| 3 Month Average | 26.717 % | £64,121 | £304,121 |
| 6 Month Average | 28.026 % | £67,263 | £307,263 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £319,915 | £315,000 | 26 WEAVING GARDENS |
| 8 Dec 2023 | £433,315 | £420,000 | 105 RIBBLESDALE ROAD |
| 16 Jun 2023 | £311,237 | £305,000 | 22 COVEDALE ROAD |
| 13 Jun 2023 | £392,873 | £385,000 | 26 CRAGDALE ROAD |
| 22 Nov 2022 | £294,125 | £295,500 | 172 EDWARDS LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 May 2014. Using an estimated price of £289,906 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on CRAGDALE ROAD is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cragdale Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cragdale Road |
| Jul 2024 | Anti-social behaviour | On or near Cragdale Road | |
| Jul 2024 | Anti-social behaviour | On or near Cragdale Road | |
| Jul 2024 | Anti-social behaviour | On or near Cragdale Road |