£173,874
This estimated value is based upon the latest sale price for the house of £130,000 on 12 May 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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Price Paid | Date |
---|---|
£130,000 | 12 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2016 the House Price Index for CITY OF NOTTINGHAM was 110.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.749%.Applying this 33.749% change to the original purchase price of £130,000 results in an estimated price of approximately £173,874.
12 May 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.0 | 33.749 % | £130,000 | £43,874 | £173,874 |
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 | 71.070 % | £92,390 | £222,390 |
3 Month Average | 89.639 % | £116,530 | £246,530 |
6 Month Average | 67.569 % | £87,840 | £217,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £540,220 | £530,000 | 78 BASFORD ROAD |
8 Dec 2023 | £142,700 | £140,000 | 130 BASFORD ROAD |
25 Aug 2023 | £169,028 | £168,000 | 37 LINDUM ROAD |
21 Jul 2023 | £151,432 | £150,000 | 2 ARKERS CLOSE |
20 May 2022 | £176,626 | £174,000 | 99 PERCY STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 15 Jan 2016. Using an estimated price of £173,874 means this house is valued at £2,045 per sq meter (£190 per sq foot).
The average size of a house on BAR LANE is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Percy Street |
Feb 2024 | Anti-social behaviour | On or near Percy Street | |
Feb 2024 | Anti-social behaviour | On or near Percy Street | |
Feb 2024 | Anti-social behaviour | On or near Percy Street | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clover Green |