£583,938
This estimated value is based upon the latest sale price for the house of £377,500 on 14 Feb 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £377,500 | 14 Feb 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 169 sq meters or 1,819 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 2008 the House Price Index for CITY OF NOTTINGHAM was 94.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 54.686%.Applying this 54.686% change to the original purchase price of £377,500 results in an estimated price of approximately £583,938.
| 14 Feb 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 146.7 | 54.686 % | £377,500 | £206,438 | £583,938 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 35.991 % | £135,865 | £513,365 |
| 3 Month Average | 47.099 % | £177,800 | £555,300 |
| 6 Month Average | 65.995 % | £249,130 | £626,630 |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 10 Oct 2019.
There is one other house on the street which we know the size of, this is 6 CASTLE GROVE it is 335.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Castle Grove | |
| Mar 2024 | Burglary | Under investigation | On or near Hamilton Drive |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hope Drive |