£167,413
This estimated value is based upon the latest sale price for the house of £135,500 on 6 Nov 2019. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There have been three burglaries within the last year on or near Market Place
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| Price Paid | Date |
|---|---|
| £135,500 | 6 Nov 2019 |
| £95,000 | 11 Dec 2013 |
| £80,000 | 3 May 2005 |
| £56,500 | 28 Aug 2002 |
| £40,000 | 19 May 2000 |
| £35,340 | 20 Nov 1998 |
| Detached |
| 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 November 2019 the House Price Index for NOTTINGHAMSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £135,500 results in an estimated price of approximately £167,413.
| 6 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £135,500 | £31,913 | £167,413 |
The Postcode Pricing Model uses changes in average sales price within the NG22 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 | 21.363 % | £28,946 | £164,446 |
| 3 Month Average | 15.315 % | £20,752 | £156,252 |
| 6 Month Average | 11.102 % | £15,042 | £150,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £165,072 | £160,000 | 17 LINDEN AVENUE |
| 30 Nov 2023 | £205,209 | £200,000 | 2 MARKET PLACE |
| 16 Oct 2023 | £516,736 | £505,000 | 6 MARKET PLACE |
| 1 Aug 2023 | £244,408 | £240,000 | COCOMAR, 22 LINDEN AVENUE |
| 23 Jun 2023 | £168,374 | £165,000 | TUXFORD HALL LINCOLN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Market Place |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Market Place |
| May 2024 | Burglary | Formal action is not in the public interest | On or near Market Place |
| Apr 2024 | Shoplifting | Under investigation | On or near Faraday Avenue |
| Jul 2024 | Anti-social behaviour | On or near Nicholas Place |