£166,943
This estimated value is based upon the latest sale price for the house of £125,000 on 3 Jun 2016. 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 West Gate Mews
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| Price Paid | Date |
|---|---|
| £125,000 | 3 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 511 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 June 2016 the House Price Index for NOTTINGHAMSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £125,000 results in an estimated price of approximately £166,943.
| 3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £125,000 | £41,943 | £166,943 |
The Postcode Pricing Model uses changes in average sales price within the NG25 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 | -36.942 % | £-46,177 | £78,822 |
| 3 Month Average | 11.839 % | £14,798 | £139,798 |
| 6 Month Average | 42.276 % | £52,845 | £177,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £229,007 | £225,000 | 41 WESTGATE |
| 27 Nov 2023 | £334,959 | £330,000 | 7 LOWES WONG |
| 10 Nov 2023 | £121,803 | £120,000 | FLAT 1 TUDOR HOUSE, 72 WESTGATE |
| 28 Jul 2023 | £658,868 | £650,000 | THE ORANGERY, 50A WESTGATE |
| 23 Jun 2023 | £561,805 | £555,000 | MAYS COTTAGE WESTGATE |
This house has a floor area of 47 sq meters or 511 sq feet when measured on 17 May 2011. Using an estimated price of £166,944 means this house is valued at £3,514 per sq meter (£326 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 139 sq meters (1,497 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (511 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near West Gate Mews |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Gate Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Gate Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near West Gate Mews |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lowes Wong |