£158,167
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Dec 2022. 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 Spire Gardens
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Dec 2022 |
| £104,950 | 29 Jul 2016 |
| £75,000 | 12 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2022 the House Price Index for NOTTINGHAMSHIRE was 148.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.146%.Applying this -1.146% change to the original purchase price of £160,000 results in an estimated price of approximately £158,167.
| 21 Dec 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 146.7 | -1.146 % | £160,000 | £-1,832 | £158,167 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | -19.544 % | £-31,269 | £128,730 |
| 3 Month Average | -10.749 % | £-17,198 | £142,801 |
| 6 Month Average | 3.395 % | £5,432 | £165,432 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Dec 2015.
The average size of a house on LINCOLN ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Spire Gardens |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Spire Gardens |