£93,632
This estimated value is based upon the latest sale price for the house of £75,000 on 27 Jul 2018. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£75,000 | 27 Jul 2018 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 July 2018 the House Price Index for CITY OF NOTTINGHAM was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £75,000 results in an estimated price of approximately £93,632.
27 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £75,000 | £18,632 | £93,632 |
The Postcode Pricing Model uses changes in average sales price within the NG6 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 | 17.309 % | £12,982 | £87,982 |
3 Month Average | 25.368 % | £19,025 | £94,025 |
6 Month Average | 39.586 % | £29,689 | £104,689 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £140,822 | £138,000 | 496 VERNON ROAD |
25 Feb 2023 | £105,706 | £105,000 | 115 BULWELL LANE |
20 Jan 2023 | £155,415 | £155,000 | 520 VERNON ROAD |
19 Apr 2022 | £134,865 | £130,000 | 101 BULWELL LANE |
25 Mar 2022 | £125,272 | £120,000 | 195 VERNON ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 15 Jul 2020. Using an estimated price of £93,632 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on BULWELL LANE is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bulwell Lane |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bulwell Lane |
Jul 2024 | Anti-social behaviour | On or near Acton Avenue | |
Jul 2024 | Anti-social behaviour | On or near Acton Avenue | |
Jul 2024 | Burglary | Under investigation | On or near Acton Avenue |