£438,437
This estimated value is based upon the latest sale price for the house of £422,000 on 4 Jan 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 Bingham Road
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Price Paid | Date |
---|---|
£422,000 | 4 Jan 2022 |
£250,000 | 20 Dec 2017 |
£95,000 | 30 Apr 1996 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,290 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 January 2022 the House Price Index for NOTTINGHAMSHIRE was 141.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 3.895%.Applying this 3.895% change to the original purchase price of £422,000 results in an estimated price of approximately £438,437.
4 Jan 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 146.7 | 3.895 % | £422,000 | £16,437 | £438,437 |
The Postcode Pricing Model uses changes in average sales price within the NG5 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 | -63.205 % | £-266,723 | £155,276 |
3 Month Average | -6.893 % | £-29,090 | £392,909 |
6 Month Average | 3.214 % | £13,562 | £435,562 |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 3 Dec 2008.
The average size of a house on MANSFIELD ROAD is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Bingham Road | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bingham Road |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Bingham Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bingham Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mansfield Road |