£318,909
This estimated value is based upon the latest sale price for the house of £218,500 on 22 May 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£218,500 | 22 May 2015 |
£230,000 | 5 Dec 2006 |
£96,500 | 20 Jul 2001 |
£60,000 | 14 Mar 1997 |
Detached |
Freehold |
Floor Area: 137 sq meters or 1,476 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 May 2015 the House Price Index for NOTTINGHAMSHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £218,500 results in an estimated price of approximately £318,909.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £218,500 | £100,409 | £318,909 |
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 | -51.087 % | £-111,624 | £106,875 |
3 Month Average | 32.424 % | £70,847 | £289,347 |
6 Month Average | 49.034 % | £107,140 | £325,640 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £240,712 | £236,500 | 53 BUDBY AVENUE |
1 Sep 2023 | £179,799 | £177,500 | 74 LITTLE BARN LANE |
28 Jul 2023 | £143,937 | £142,000 | 8 BIG BARN LANE |
15 Mar 2023 | £181,712 | £180,000 | 12 BIG BARN LANE |
20 Feb 2023 | £224,849 | £225,000 | 50 BIG BARN LANE |
This house has a floor area of 137 sq meters or 1,476 sq feet when measured on 27 Oct 2011. Using an estimated price of £318,909 means this house is valued at £2,324 per sq meter (£215 per sq foot).
The average size of a house on LITTLE BARN LANE is 102 sq meters (1,108 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bennett Avenue |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Bennett Avenue |
Feb 2024 | Anti-social behaviour | On or near Bennett Avenue | |
Feb 2024 | Anti-social behaviour | On or near Bennett Avenue | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Bennett Avenue |