£144,532
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Mar 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 9 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2020 the House Price Index for NOTTINGHAMSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £120,000 results in an estimated price of approximately £144,532.
| 9 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £120,000 | £24,532 | £144,532 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | -66.873 % | £-80,247 | £39,752 |
| 3 Month Average | 12.037 % | £14,444 | £134,444 |
| 6 Month Average | 18.144 % | £21,773 | £141,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £218,915 | £217,000 | 3 BEAZLEY AVENUE |
| 28 Jul 2023 | £152,046 | £150,000 | 95 BANCROFT LANE |
| 24 Mar 2023 | £168,588 | £167,000 | 8 BEAZLEY AVENUE |
| 20 Feb 2023 | £189,872 | £190,000 | 115 BANCROFT LANE |
| 17 Feb 2023 | £189,872 | £190,000 | 2 CASTLE STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 10 Jan 2020. Using an estimated price of £144,532 means this house is valued at £1,623 per sq meter (£150 per sq foot).
The average size of a house on BANCROFT LANE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Bancroft Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bancroft Lane |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanton Place |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Hardy Place |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hardy Place |