£126,786
This estimated value is based upon the latest sale price for the house of £124,995 on 10 Jun 2022. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,995 | 10 Jun 2022 |
| £105,000 | 3 Sep 2010 |
| £44,000 | 5 Sep 2003 |
| £29,950 | 27 Mar 1997 |
| £20,000 | 13 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 732 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 2022 the House Price Index for NOTTINGHAMSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £124,995 results in an estimated price of approximately £126,786.
| 10 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £124,995 | £1,791 | £126,786 |
The Postcode Pricing Model uses changes in average sales price within the NG19 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 | -37.505 % | £-46,879 | £78,115 |
| 3 Month Average | -3.833 % | £-4,790 | £120,204 |
| 6 Month Average | 4.948 % | £6,184 | £131,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £109,623 | £108,000 | 10 SOMERSALL STREET |
| 31 Aug 2023 | £100,883 | £100,000 | 16 SOMERSALL STREET |
| 23 Jun 2023 | £121,471 | £120,000 | 9 SOMERSALL STREET |
| 10 Feb 2023 | £249,782 | £249,950 | 2C REDGATE STREET |
| 20 Jan 2023 | £74,648 | £75,000 | 48 SOMERSALL STREET |
This house has a floor area of 68 sq meters or 732 sq feet when measured on 16 Jul 2010. Using an estimated price of £126,787 means this house is valued at £1,862 per sq meter (£173 per sq foot).
The average size of a house on WESTFIELD LANE is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redgate Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redgate Street |
| Mar 2024 | Anti-social behaviour | On or near Redgate Street | |
| Mar 2024 | Anti-social behaviour | On or near Redgate Street | |
| Feb 2024 | Drugs | Under investigation | On or near Redgate Street |