£96,563
This estimated value is based upon the latest sale price for the house of £90,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £90,000 | 25 Jun 2021 |
| £49,000 | 2 Sep 2013 |
| £19,500 | 20 Jul 2000 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2021 the House Price Index for CITY OF NOTTINGHAM was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £90,000 results in an estimated price of approximately £96,563.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £90,000 | £6,563 | £96,563 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 9.245 % | £8,320 | £98,320 |
| 3 Month Average | 16.027 % | £14,424 | £104,424 |
| 6 Month Average | 6.182 % | £5,563 | £95,563 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £157,007 | £155,000 | 132 BELLS LANE |
| 20 Sep 2023 | £56,016 | £55,300 | 111 BELLS LANE |
| 3 Mar 2023 | £174,645 | £173,000 | 2 MUNFORD CIRCUS |
| 18 Jan 2023 | £172,687 | £173,500 | 82 BELLS LANE |
| 23 Sep 2022 | £138,879 | £140,000 | 7 ELTHAM DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 14 Jun 2021. Using an estimated price of £96,563 means this house is valued at £1,441 per sq meter (£133 per sq foot).
The average size of a house on BELLS LANE is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Broxtowe Hall Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broxtowe Hall Close |
| Mar 2024 | Anti-social behaviour | On or near Broxtowe Hall Close | |
| Mar 2024 | Drugs | Offender given a drugs possession warning | On or near Broxtowe Hall Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Broxtowe Hall Close |