£115,943
This estimated value is based upon the latest sale price for the house of £113,000 on 7 Nov 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£113,000 | 7 Nov 2023 |
£90,000 | 20 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 November 2023 the House Price Index for NOTTINGHAMSHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £113,000 results in an estimated price of approximately £115,943.
7 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £113,000 | £2,943 | £115,943 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | 23.685 % | £26,764 | £139,764 |
3 Month Average | 6.075 % | £6,864 | £119,864 |
6 Month Average | -0.351 % | £-397 | £112,602 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £86,326 | £85,000 | 94 WESTFIELD LANE |
7 Nov 2023 | £115,943 | £113,000 | 42C BROOMHILL LANE |
16 Oct 2023 | £125,731 | £122,875 | 14 ARUNDEL DRIVE |
8 Aug 2022 | £118,554 | £118,000 | 42E BROOMHILL LANE |
27 Jun 2022 | £57,938 | £56,700 | 38 BROOMHILL LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 6 Oct 2014. Using an estimated price of £115,943 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on BROOMHILL LANE is 75 sq meters (811 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Broomhill Lane | |
Jun 2024 | Public order | Action to be taken by another organisation | On or near Broomhill Lane |
Apr 2024 | Other crime | Formal action is not in the public interest | On or near Broomhill Lane |