£115,721
This estimated value is based upon the latest sale price for the house of £107,000 on 3 Nov 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 3 Nov 2021 |
| £61,500 | 10 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 November 2021 the House Price Index for NOTTINGHAMSHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £107,000 results in an estimated price of approximately £115,721.
| 3 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £107,000 | £8,721 | £115,721 |
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 | -24.539 % | £-26,256 | £80,743 |
| 3 Month Average | 1.793 % | £1,918 | £108,918 |
| 6 Month Average | 4.449 % | £4,760 | £111,760 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £114,698 | £113,000 | 42C BROOMHILL LANE |
| 23 Mar 2023 | £153,446 | £152,000 | 46 WESTFIELD LANE |
| 8 Aug 2022 | £117,683 | £118,000 | 42E BROOMHILL LANE |
| 27 Jun 2022 | £57,513 | £56,700 | 38 BROOMHILL LANE |
| 22 Mar 2022 | £150,258 | £145,000 | 120 WESTFIELD LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 16 Jul 2020. Using an estimated price of £115,722 means this house is valued at £1,502 per sq meter (£139 per sq foot).
The average size of a house on BROOMHILL LANE is 75 sq meters (811 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Devon Drive |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Devon Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Devon Drive |
| Jan 2024 | Shoplifting | Unable to prosecute suspect | On or near Devon Drive |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Devon Drive |