£113,879
This estimated value is based upon the latest sale price for the house of £112,500 on 16 Jun 2023. 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 Welbeck Street
More crime details
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| Price Paid | Date |
|---|---|
| £112,500 | 16 Jun 2023 |
| Terraced |
| Freehold |
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 June 2023 the House Price Index for NOTTINGHAMSHIRE was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £112,500 results in an estimated price of approximately £113,879.
| 16 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £112,500 | £1,379 | £113,879 |
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 | -11.842 % | £-13,322 | £99,177 |
| 3 Month Average | 32.024 % | £36,026 | £148,526 |
| 6 Month Average | 17.369 % | £19,539 | £132,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £87,292 | £86,000 | 64 WELBECK STREET |
| 22 Nov 2023 | £101,503 | £100,000 | 14 THORESBY STREET |
| 27 Sep 2023 | £101,295 | £100,000 | 4 MANVERS STREET |
| 25 Aug 2023 | £90,794 | £90,000 | 1 WOOD STREET |
| 18 Aug 2023 | £101,891 | £101,000 | 13 NEWCASTLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Offender given a caution | On or near Welbeck Street |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Street | |
| Mar 2024 | Anti-social behaviour | On or near Newcastle Street | |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Newcastle Street |