£179,827
This estimated value is based upon the latest sale price for the house of £143,500 on 13 Jun 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £143,500 | 13 Jun 2018 |
| £117,500 | 11 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 34 sq meters or 366 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 2018 the House Price Index for NOTTINGHAMSHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £143,500 results in an estimated price of approximately £179,827.
| 13 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £143,500 | £36,327 | £179,827 |
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 | 21.116 % | £30,301 | £173,801 |
| 3 Month Average | 25.538 % | £36,646 | £180,146 |
| 6 Month Average | 26.616 % | £38,193 | £181,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 3 Feb 2023 | £200,338 | £199,000 | 10 PELHAM CLOSE |
This house has a floor area of 34 sq meters or 366 sq feet when measured on 10 Oct 2008. Using an estimated price of £179,827 means this house is valued at £5,284 per sq meter (£490 per sq foot).
The average size of a house on MILL GATE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Pelham Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Pelham Close |
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Pelham Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Huddlestones Wharf |
| Aug 2024 | Burglary | Under investigation | On or near Huddlestones Wharf |