£162,450
This estimated value is based upon the latest sale price for the house of £108,500 on 26 Nov 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Pennant Road
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| Price Paid | Date |
|---|---|
| £108,500 | 26 Nov 2014 |
| £50,000 | 28 Oct 1999 |
| £46,950 | 1 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2014 the House Price Index for NOTTINGHAMSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £108,500 results in an estimated price of approximately £162,450.
| 26 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £108,500 | £53,950 | £162,450 |
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 | 57.412 % | £62,291 | £170,791 |
| 3 Month Average | 101.351 % | £109,965 | £218,465 |
| 6 Month Average | 77.493 % | £84,079 | £192,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £243,607 | £240,000 | 33 BAR LANE |
| 10 Nov 2023 | £223,306 | £220,000 | 31 BAR LANE |
| 29 Sep 2023 | £91,166 | £90,000 | 5 HENSONS ROW |
| 10 Mar 2023 | £297,806 | £295,000 | 14 PENNANT ROAD |
| 1 Mar 2023 | £303,863 | £301,000 | 3 PENNANT ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Jun 2012. Using an estimated price of £162,451 means this house is valued at £2,753 per sq meter (£255 per sq foot).
The average size of a house on PENNANT ROAD is 83 sq meters (898 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Pennant Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Pennant Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bar Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bar Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bar Lane |