£211,165
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Nov 2014. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 28 Nov 2014 |
| £123,500 | 15 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 2014 the House Price Index for NOTTINGHAMSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £140,000 results in an estimated price of approximately £211,165.
| 28 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £140,000 | £71,165 | £211,165 |
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 | 1.647 % | £2,305 | £142,305 |
| 3 Month Average | 33.610 % | £47,054 | £187,054 |
| 6 Month Average | 37.893 % | £53,049 | £193,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £338,595 | £330,000 | 7 LOWES WONG |
| 10 Nov 2023 | £123,125 | £120,000 | FLAT 1 TUDOR HOUSE, 72 WESTGATE |
| 23 Jun 2023 | £566,350 | £555,000 | MAYS COTTAGE WESTGATE |
| 21 Mar 2023 | £419,506 | £412,500 | 28 LOWES WONG |
| 21 Mar 2023 | £444,930 | £437,500 | 19 LOWES WONG |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 20 Aug 2013. Using an estimated price of £211,166 means this house is valued at £4,910 per sq meter (£456 per sq foot).
The average size of a house on WESTGATE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near West Gate Mews | |
| Sep 2024 | Anti-social behaviour | On or near West Gate Mews | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Coghill Court |
| Jul 2024 | Anti-social behaviour | On or near Coghill Court | |
| Jul 2024 | Anti-social behaviour | On or near Coghill Court |