£324,538
This estimated value is based upon the latest sale price for the house of £247,500 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for CITY OF BRISTOL 1
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| Price Paid | Date |
|---|---|
| £247,500 | 9 Dec 2016 |
| £165,000 | 17 Apr 2014 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF BRISTOL to estimate the market value.
When this house was purchased in December 2016 the House Price Index for CITY OF BRISTOL was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £247,500 results in an estimated price of approximately £324,538.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £247,500 | £77,038 | £324,538 |
The Postcode Pricing Model uses changes in average sales price within the BS5 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 | 28.657 % | £70,926 | £318,426 |
| 3 Month Average | 43.057 % | £106,565 | £354,065 |
| 6 Month Average | 44.525 % | £110,199 | £357,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £252,206 | £250,000 | 13 ROSSITERS LANE |
| 13 Jun 2023 | £356,316 | £352,000 | 28 KINGSCOTE PARK |
| 6 Apr 2023 | £237,558 | £235,000 | 1 NICHOLAS LANE |
| 24 Feb 2023 | £281,161 | £281,350 | 49 NICHOLAS LANE |
| 29 Sep 2022 | £446,395 | £450,000 | 2 ST AIDANS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Jan 2014. Using an estimated price of £324,538 means this house is valued at £4,006 per sq meter (£372 per sq foot).
The average size of a house on NICHOLAS LANE is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Formal action is not in the public interest | On or near Nicholas Lane |
| Apr 2024 | Public order | Formal action is not in the public interest | On or near Nicholas Lane |
| Mar 2024 | Anti-social behaviour | On or near Nicholas Lane | |
| Mar 2024 | Anti-social behaviour | On or near Nicholas Lane | |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Nicholas Lane |