£228,598
This estimated value is based upon the latest sale price for the house of £125,000 on 11 Dec 2008. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £125,000 | 11 Dec 2008 |
| Terraced |
| Leasehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in December 2008 the House Price Index for CITY OF NOTTINGHAM was 81.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.879%.Applying this 82.879% change to the original purchase price of £125,000 results in an estimated price of approximately £228,598.
| 11 Dec 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 149.7 | 82.879 % | £125,000 | £103,598 | £228,598 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 87.064 % | £108,830 | £233,830 |
| 3 Month Average | 85.099 % | £106,373 | £231,373 |
| 6 Month Average | 80.171 % | £100,213 | £225,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £171,904 | £168,000 | 50 WESTGATE STREET |
| 14 Sep 2023 | £173,832 | £170,000 | 55 ST ANNS VALLEY |
| 11 Apr 2023 | £149,802 | £147,000 | 79 ST ANNS VALLEY |
| 18 Aug 2022 | £85,399 | £85,000 | APARTMENT 5 40 WESTGATE STREET |
| 23 May 2022 | £102,675 | £100,000 | 10 RUSHWORTH CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Dec 2019. Using an estimated price of £228,599 means this house is valued at £2,787 per sq meter (£258 per sq foot).
The average size of a house on WESTGATE STREET is 78 sq meters (840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westgate Street |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Cardinal Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cardinal Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Ann'S Valley |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Ann'S Valley |