£197,770
This estimated value is based upon the latest sale price for the house of £150,000 on 21 Jun 2016. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
There have been three burglaries within the last year on or near Brailsford Road
More crime details
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| Price Paid | Date |
|---|---|
| £150,000 | 21 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for CITY OF NOTTINGHAM was 111.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.847%.Applying this 31.847% change to the original purchase price of £150,000 results in an estimated price of approximately £197,770.
| 21 Jun 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 146.7 | 31.847 % | £150,000 | £47,770 | £197,770 |
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 | 34.167 % | £51,251 | £201,251 |
| 3 Month Average | 32.210 % | £48,314 | £198,314 |
| 6 Month Average | 50.199 % | £75,298 | £225,298 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 18 May 2015.
The average size of a house on LACE STREET is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brailsford Road |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Brailsford Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brailsford Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Brailsford Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lace Street |