£182,448
This estimated value is based upon the latest sale price for the house of £109,000 on 28 Mar 2013. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £109,000 | 28 Mar 2013 |
| £62,500 | 8 Oct 2012 |
| £62,500 | 8 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 March 2013 the House Price Index for NOTTINGHAMSHIRE was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £109,000 results in an estimated price of approximately £182,448.
| 28 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £109,000 | £73,448 | £182,448 |
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 | -43.624 % | £-47,550 | £61,449 |
| 3 Month Average | 42.666 % | £46,506 | £155,506 |
| 6 Month Average | 63.703 % | £69,436 | £178,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £152,046 | £150,000 | 95 BANCROFT LANE |
| 24 Mar 2023 | £168,588 | £167,000 | 8 BEAZLEY AVENUE |
| 26 Jan 2023 | £104,508 | £105,000 | 22 SPENCER STREET |
| 25 Jul 2022 | £106,286 | £106,000 | 76 BANCROFT LANE |
| 6 May 2022 | £178,870 | £175,500 | 9 BEAZLEY AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Nov 2012. Using an estimated price of £182,449 means this house is valued at £1,842 per sq meter (£171 per sq foot).
The average size of a house on BANCROFT LANE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanton Place |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Spencer Street |