£209,732
This estimated value is based upon the latest sale price for the house of £192,500 on 26 Nov 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 |
|---|---|
| £192,500 | 26 Nov 2021 |
| £134,000 | 18 May 2017 |
| £124,000 | 10 May 2005 |
| £59,100 | 19 May 2000 |
| 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 November 2021 the House Price Index for CITY OF NOTTINGHAM was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £192,500 results in an estimated price of approximately £209,732.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £192,500 | £17,232 | £209,732 |
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 | 29.484 % | £56,755 | £249,255 |
| 3 Month Average | 6.627 % | £12,757 | £205,257 |
| 6 Month Average | 5.871 % | £11,301 | £203,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £151,314 | £150,000 | 86 MONTPELIER ROAD |
| 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 |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Jan 2017. Using an estimated price of £209,733 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on LACE STREET is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Montpelier Road |
| Oct 2024 | Other theft | Under investigation | On or near Lace Street |
| Sep 2024 | Anti-social behaviour | On or near Lace Street | |
| Sep 2024 | Anti-social behaviour | On or near Lace Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lace Street |