£187,351
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Sep 2016. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 6 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 September 2016 the House Price Index for NOTTINGHAMSHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £140,000 results in an estimated price of approximately £187,351.
| 6 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £140,000 | £47,351 | £187,351 |
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 | 11.034 % | £15,447 | £155,447 |
| 3 Month Average | 33.833 % | £47,366 | £187,366 |
| 6 Month Average | 32.444 % | £45,421 | £185,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £1,193,334 | £1,175,000 | THE RESTAURANT UNIT CASTLE GATE |
| 7 Sep 2023 | £270,973 | £265,000 | 72 FLAXLEY LANE |
| 27 Apr 2023 | £301,642 | £296,000 | 64 FLAXLEY LANE |
| 17 Mar 2023 | £162,717 | £160,000 | 6 PELHAM CLOSE |
| 13 Mar 2023 | £177,972 | £175,000 | 1 THE OLD HOPKILN, 29 MILL GATE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 25 Nov 2015. Using an estimated price of £187,351 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on MILL GATE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Castle Rising |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Castle Rising |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Castle Rising |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Castle Rising |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Castle Rising |