£101,522
This estimated value is based upon the latest sale price for the house of £54,950 on 4 Feb 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £54,950 | 4 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 February 2005 the House Price Index for CITY OF NOTTINGHAM was 79.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 84.755%.Applying this 84.755% change to the original purchase price of £54,950 results in an estimated price of approximately £101,522.
| 4 Feb 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 146.7 | 84.755 % | £54,950 | £46,572 | £101,522 |
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 | 34.288 % | £18,841 | £73,791 |
| 3 Month Average | 54.581 % | £29,992 | £84,942 |
| 6 Month Average | 63.371 % | £34,822 | £89,772 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 23 Jul 2021.
The average size of a house on RAYMEDE DRIVE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Murray Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Murray Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Murray Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Murray Close |