£163,674
This estimated value is based upon the latest sale price for the house of £138,500 on 2 Oct 2020. 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 Newark North Gate (Station)
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| Price Paid | Date |
|---|---|
| £138,500 | 2 Oct 2020 |
| £115,000 | 5 Feb 2016 |
| £103,000 | 29 Sep 2010 |
| £45,000 | 12 Feb 2000 |
| £36,000 | 7 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2020 the House Price Index for NOTTINGHAMSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £138,500 results in an estimated price of approximately £163,674.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £138,500 | £25,174 | £163,674 |
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 | 2.913 % | £4,034 | £142,534 |
| 3 Month Average | 13.310 % | £18,434 | £156,934 |
| 6 Month Average | 13.007 % | £18,014 | £156,514 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2024 | £126,000 | £126,000 | 12A FRIARY MEWS |
| 22 Mar 2024 | £177,731 | £175,000 | 73A APPLETON GATE |
| 6 Nov 2023 | £184,688 | £180,000 | 40 APPLETON GATE |
| 9 Aug 2023 | £117,112 | £115,000 | 17 FRIARY MEWS |
| 28 Mar 2023 | £249,161 | £245,000 | 34 GEORGE STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 21 Oct 2015. Using an estimated price of £163,675 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on APPLETON GATE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | On or near Newark North Gate (Station) | |
| Oct 2024 | Other theft | On or near Newark North Gate (Station) | |
| Oct 2024 | Burglary | On or near Newark North Gate (Station) | |
| Sep 2024 | Other theft | On or near Newark North Gate (Station) | |
| Sep 2024 | Public order | On or near Newark North Gate (Station) |