£180,271
This estimated value is based upon the latest sale price for the house of £105,500 on 14 May 2010. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £105,500 | 14 May 2010 |
| £59,950 | 12 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2010 the House Price Index for CITY OF NOTTINGHAM was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £105,500 results in an estimated price of approximately £180,271.
| 14 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £105,500 | £74,771 | £180,271 |
The Postcode Pricing Model uses changes in average sales price within the NG7 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 | 68.841 % | £72,627 | £178,127 |
| 3 Month Average | 93.844 % | £99,005 | £204,505 |
| 6 Month Average | 75.280 % | £79,420 | £184,920 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £299,194 | £290,000 | 20 BEESTON ROAD |
| 23 Nov 2023 | £125,178 | £122,000 | 48 MONTPELIER ROAD |
| 28 Apr 2023 | £270,051 | £265,000 | 24 BEESTON ROAD |
| 31 Mar 2023 | £231,364 | £227,500 | 18 BRAILSFORD ROAD |
| 10 Feb 2023 | £523,497 | £520,000 | 6 BEESTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 16 Jun 2020. Using an estimated price of £180,272 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on LACE STREET is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Awaiting court outcome | On or near Brailsford Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Brailsford Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montpelier Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Lace Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Beeston Road |