£130,878
This estimated value is based upon the latest sale price for the house of £42,500 on 12 Feb 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £42,500 | 12 Feb 2002 |
| £32,500 | 13 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 February 2002 the House Price Index for NOTTINGHAMSHIRE was 48.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 207.949%.Applying this 207.949% change to the original purchase price of £42,500 results in an estimated price of approximately £130,878.
| 12 Feb 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 148.6 | 207.949 % | £42,500 | £88,378 | £130,878 |
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 | 26.852 % | £11,412 | £53,912 |
| 3 Month Average | 195.325 % | £83,013 | £125,513 |
| 6 Month Average | 234.746 % | £99,767 | £142,267 |
| 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 |
| 17 Feb 2023 | £189,872 | £190,000 | 2 CASTLE STREET |
| 25 Jul 2022 | £106,286 | £106,000 | 76 BANCROFT LANE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 15 Nov 2016. Using an estimated price of £130,879 means this house is valued at £1,454 per sq meter (£135 per sq foot).
The average size of a house on BANCROFT LANE is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanton Place |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Davey Close |
| 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 |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Davey Road |