£88,840
This estimated value is based upon the latest sale price for the house of £55,000 on 29 Oct 2013. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 29 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 October 2013 the House Price Index for NOTTINGHAMSHIRE was 90.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 61.528%.Applying this 61.528% change to the original purchase price of £55,000 results in an estimated price of approximately £88,840.
| 29 Oct 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 146.7 | 61.528 % | £55,000 | £33,840 | £88,840 |
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 | 30.992 % | £17,045 | £72,045 |
| 3 Month Average | 39.060 % | £21,482 | £76,482 |
| 6 Month Average | 54.315 % | £29,873 | £84,873 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 22 May 2013.
The average size of a house on MILL GATE is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near King Street |
| Feb 2024 | Drugs | Under investigation | On or near King Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near King Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Parliament Court |