£225,339
This estimated value is based upon the latest sale price for the house of £48,000 on 30 Jun 1998. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 30 Jun 1998 |
| £50,000 | 20 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 1998 the House Price Index for NOTTINGHAMSHIRE was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £48,000 results in an estimated price of approximately £225,339.
| 30 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.6 | 369.456 % | £48,000 | £177,339 | £225,339 |
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 | 272.604 % | £130,850 | £178,850 |
| 3 Month Average | 383.459 % | £184,060 | £232,060 |
| 6 Month Average | 335.873 % | £161,219 | £209,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £539,438 | £530,000 | 78 BASFORD ROAD |
| 8 Dec 2023 | £142,493 | £140,000 | 130 BASFORD ROAD |
| 14 Feb 2023 | £135,459 | £135,550 | 9 WHITECHAPEL STREET |
| 14 Mar 2022 | £105,699 | £102,000 | APARTMENT 7 MILLERS MEWS, 51 BASFORD ROAD |
| 10 Nov 2021 | £367,715 | £340,000 | 17 PEMBRIDGE CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Oct 2014. Using an estimated price of £225,339 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on BASFORD ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Basford Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Totland Drive |