£284,596
This estimated value is based upon the latest sale price for the house of £225,000 on 29 Jun 2017. 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 Market Place
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 29 Jun 2017 |
| £88,000 | 6 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 June 2017 the House Price Index for NOTTINGHAMSHIRE was 116.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 26.487%.Applying this 26.487% change to the original purchase price of £225,000 results in an estimated price of approximately £284,596.
| 29 Jun 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 146.7 | 26.487 % | £225,000 | £59,596 | £284,596 |
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 | -33.691 % | £-75,803 | £149,196 |
| 3 Month Average | -1.392 % | £-3,131 | £221,868 |
| 6 Month Average | 28.265 % | £63,595 | £288,595 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 12 Feb 2016.
The average size of a house on WESTGATE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Place |
| Mar 2024 | Anti-social behaviour | On or near Market Place | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Market Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Market Place |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Market Place |