£117,668
This estimated value is based upon the latest sale price for the house of £108,000 on 29 Nov 2021. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 29 Nov 2021 |
| £100,000 | 9 Feb 2017 |
| £49,950 | 24 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 £108,000 results in an estimated price of approximately £117,668.
| 29 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £108,000 | £9,668 | £117,668 |
The Postcode Pricing Model uses changes in average sales price within the DN22 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 | -12.602 % | £-13,610 | £94,389 |
| 3 Month Average | -17.805 % | £-19,228 | £88,771 |
| 6 Month Average | -2.270 % | £-2,451 | £105,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £131,139 | £130,000 | 3 THE CROFT |
| 24 Aug 2023 | £132,388 | £130,000 | 23 THE CROFT |
| 21 Aug 2023 | £176,178 | £173,000 | 101 MOORGATE |
| 12 Apr 2023 | £49,934 | £49,000 | FLAT 4 80 - 92 MOORGATE |
| 31 Mar 2023 | £223,736 | £220,000 | 50 WATERFIELDS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 31 Jul 2015. Using an estimated price of £117,668 means this house is valued at £1,165 per sq meter (£108 per sq foot).
The average size of a house on WATER LANE is 103 sq meters (1,116 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Unable to prosecute suspect | On or near Water Lane |
| Jul 2024 | Public order | Under investigation | On or near Moorgate |
| May 2024 | Possession of weapons | Further investigation is not in the public interest | On or near Moorgate |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Moorgate |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |