£184,288
This estimated value is based upon the latest sale price for the house of £36,000 on 31 Jul 1997. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £36,000 | 31 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 sq feet |
This model uses changes in the Official Land Registry House Price Index for NOTTINGHAMSHIRE to estimate the market value.
When this house was purchased in July 1997 the House Price Index for NOTTINGHAMSHIRE was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £36,000 results in an estimated price of approximately £184,288.
| 31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 149.7 | 411.913 % | £36,000 | £148,288 | £184,288 |
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 | 200.984 % | £72,354 | £108,354 |
| 3 Month Average | 302.964 % | £109,066 | £145,066 |
| 6 Month Average | 291.339 % | £104,882 | £140,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £148,370 | £145,000 | 8 HONEYWOOD DRIVE |
| 6 Oct 2023 | £153,486 | £150,000 | 26 HONEYWOOD DRIVE |
| 14 Aug 2023 | £218,949 | £215,000 | 87 CHERRYWOOD GARDENS |
| 31 Mar 2023 | £122,038 | £120,000 | 16 APPLE WALK |
| 21 Jul 2022 | £239,904 | £237,500 | 121 CHERRYWOOD GARDENS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Jan 2015. Using an estimated price of £184,289 means this house is valued at £2,632 per sq meter (£244 per sq foot).
The average size of a house on HONEYWOOD DRIVE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bramble Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Bramble Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bramble Drive |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bramble Drive |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramble Drive |