£85,782
This estimated value is based upon the latest sale price for the house of £45,500 on 17 Sep 2004. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £45,500 | 17 Sep 2004 |
| £42,000 | 6 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 604 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 September 2004 the House Price Index for CITY OF NOTTINGHAM was 77.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 88.532%.Applying this 88.532% change to the original purchase price of £45,500 results in an estimated price of approximately £85,782.
| 17 Sep 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 146.7 | 88.532 % | £45,500 | £40,282 | £85,782 |
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 | 109.061 % | £49,622 | £95,122 |
| 3 Month Average | 109.673 % | £49,901 | £95,401 |
| 6 Month Average | 104.144 % | £47,385 | £92,885 |
This house has a floor area of 56 sq meters or 604 sq feet when measured on 19 Jan 2011.
The average size of a house on PEARCE DRIVE is 87 sq meters (942 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (604 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Pearce Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapman Court |
| Mar 2024 | Anti-social behaviour | On or near Chapman Court | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Webb Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Clough Court |