£61,143
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Apr 2023. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £60,000 | 27 Apr 2023 |
| £82,500 | 15 Oct 2007 |
| £76,500 | 30 Sep 2005 |
| £42,000 | 7 Jun 2002 |
| £30,500 | 9 Apr 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 109 sq meters or 1,173 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 April 2023 the House Price Index for NOTTINGHAMSHIRE was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £60,000 results in an estimated price of approximately £61,143.
| 27 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £60,000 | £1,143 | £61,143 |
The Postcode Pricing Model uses changes in average sales price within the NG24 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 | -38.599 % | £-23,159 | £36,840 |
| 3 Month Average | 1.714 % | £1,028 | £61,028 |
| 6 Month Average | -2.660 % | £-1,595 | £58,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £123,904 | £122,000 | 25 LOVERS LANE |
| 27 Apr 2023 | £61,144 | £60,000 | 22 MUMBY CLOSE |
| 28 Mar 2023 | £249,161 | £245,000 | 34 GEORGE STREET |
| 27 Mar 2023 | £156,615 | £154,000 | 3 FRIARY MEWS |
| 30 Mar 2022 | £730,753 | £700,000 | NEWARK AMBULANCE STATION QUEENS ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 25 Jul 2012. Using an estimated price of £61,144 means this house is valued at £560 per sq meter (£52 per sq foot).
The average size of a house on MUMBY CLOSE is 67 sq meters (726 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Mumby Close |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near George Street |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near George Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near George Street |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near George Street |