£636,553
This estimated value is based upon the latest sale price for the house of £106,000 on 17 Nov 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £106,000 | 17 Nov 2023 |
| £51,000 | 23 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 November 2023 the House Price Index for CITY OF NOTTINGHAM was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £106,000 results in an estimated price of approximately £636,553.
| 17 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £106,000 | £530,553 | £636,553 |
The Postcode Pricing Model uses changes in average sales price within the NG2 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 | 2.260 % | £2,395 | £108,395 |
| 3 Month Average | 1.623 % | £1,720 | £107,720 |
| 6 Month Average | -2.565 % | £-2,718 | £103,281 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 5 Mar 2018.
The average size of a house on NEWARK CRESCENT is 70 sq meters (762 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Newark Crescent | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newark Crescent |
| Feb 2024 | Anti-social behaviour | On or near Newark Crescent | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newark Crescent |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Newark Crescent |