£318,139
This estimated value is based upon the latest sale price for the house of £292,000 on 8 Nov 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 8 Nov 2021 |
| £232,500 | 31 Aug 2004 |
| £85,000 | 26 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2021 the House Price Index for NOTTINGHAMSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £292,000 results in an estimated price of approximately £318,139.
| 8 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £292,000 | £26,139 | £318,139 |
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 | -54.594 % | £-159,414 | £132,585 |
| 3 Month Average | -34.328 % | £-100,236 | £191,763 |
| 6 Month Average | -12.076 % | £-35,261 | £256,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £338,595 | £330,000 | 7 LOWES WONG |
| 10 Nov 2023 | £123,125 | £120,000 | FLAT 1 TUDOR HOUSE, 72 WESTGATE |
| 23 Jun 2023 | £566,350 | £555,000 | MAYS COTTAGE WESTGATE |
| 21 Mar 2023 | £444,930 | £437,500 | 19 LOWES WONG |
| 21 Mar 2023 | £419,506 | £412,500 | 28 LOWES WONG |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 3 Aug 2021. Using an estimated price of £318,140 means this house is valued at £3,615 per sq meter (£335 per sq foot).
The average size of a house on LOWES WONG is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lowes Wong |
| Sep 2024 | Anti-social behaviour | On or near Dunham Close | |
| Sep 2024 | Anti-social behaviour | On or near Dunham Close | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Dunham Close |
| Sep 2024 | Anti-social behaviour | On or near West Gate Mews |