£103,881
This estimated value is based upon the latest sale price for the house of £105,000 on 14 Oct 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 |
---|---|
£105,000 | 14 Oct 2022 |
£91,995 | 30 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 2022 the House Price Index for CITY OF NOTTINGHAM was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £105,000 results in an estimated price of approximately £103,881.
14 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £105,000 | £-1,118 | £103,881 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | -2.507 % | £-2,632 | £102,367 |
3 Month Average | -20.713 % | £-21,748 | £83,251 |
6 Month Average | -9.324 % | £-9,790 | £95,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £152,671 | £150,000 | FLAT 11 FLEMING HOUSE OCKBROOK DRIVE |
1 Sep 2023 | £155,995 | £154,000 | APARTMENT 38 NIGHTINGALE HOUSE OCKBROOK DRIVE |
31 Aug 2023 | £158,386 | £157,000 | APARTMENT 9 JENNER HOUSE OCKBROOK DRIVE |
16 Jun 2023 | £151,839 | £150,000 | FLAT 5 FLEMING HOUSE OCKBROOK DRIVE |
31 Mar 2023 | £141,332 | £140,000 | APARTMENT 32 NIGHTINGALE HOUSE OCKBROOK DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 12 May 2021. Using an estimated price of £103,881 means this house is valued at £2,308 per sq meter (£214 per sq foot).
The average size of a house on OCKBROOK DRIVE is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ockbrook Drive |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ockbrook Drive |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ockbrook Drive |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cudworth Drive |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cudworth Drive |