£88,141
This estimated value is based upon the latest sale price for the house of £71,000 on 29 Oct 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Birks Road
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Price Paid | Date |
---|---|
£71,000 | 29 Oct 2018 |
£73,000 | 2 Feb 2011 |
£26,000 | 21 Jul 2000 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 October 2018 the House Price Index for NOTTINGHAMSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £71,000 results in an estimated price of approximately £88,141.
29 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £71,000 | £17,141 | £88,141 |
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 | 82.658 % | £58,687 | £129,687 |
3 Month Average | 38.451 % | £27,300 | £98,300 |
6 Month Average | 32.851 % | £23,324 | £94,324 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £159,037 | £155,000 | 36 BIRKS ROAD |
3 Nov 2023 | £138,516 | £135,000 | 5 BIRKS ROAD |
10 Mar 2023 | £122,038 | £120,000 | 15 NEWSTEAD STREET |
5 Aug 2022 | £144,074 | £143,400 | 230 BRICK KILN LANE |
29 Jul 2022 | £133,336 | £132,000 | 55 ARMSTRONG ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Apr 2019. Using an estimated price of £88,142 means this house is valued at £1,259 per sq meter (£116 per sq foot).
The average size of a house on BIRKS ROAD is 88 sq meters (950 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Birks Road |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Birks Road |
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Birks Road |
Jul 2024 | Anti-social behaviour | On or near Markham Place | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Markham Place |