£64,642
This estimated value is based upon the latest sale price for the house of £29,226 on 28 Nov 2003. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £29,226 | 28 Nov 2003 |
| £40,000 | 20 Sep 2002 |
| £30,000 | 7 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 November 2003 the House Price Index for NOTTINGHAMSHIRE was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £29,226 results in an estimated price of approximately £64,642.
| 28 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 148.6 | 121.183 % | £29,226 | £35,416 | £64,642 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 133.773 % | £39,096 | £68,322 |
| 3 Month Average | 128.753 % | £37,629 | £66,855 |
| 6 Month Average | 118.186 % | £34,540 | £63,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £91,228 | £90,000 | 27 BANCROFT LANE |
| 7 Jun 2023 | £88,573 | £87,500 | 1 GOLDSMITH STREET |
| 23 Feb 2023 | £87,941 | £88,000 | 3 GOLDSMITH STREET |
| 21 Nov 2022 | £74,102 | £75,000 | 21 PADLEY HILL |
| 29 Jul 2022 | £65,175 | £65,000 | 10 BANCROFT LANE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 19 Feb 2014. Using an estimated price of £64,643 means this house is valued at £501 per sq meter (£46 per sq foot).
The average size of a house on BANCROFT LANE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Chaucer Street |
| Mar 2024 | Anti-social behaviour | On or near Chaucer Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chaucer Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |