Full Address

3 CLIFF NOOK LANE
NEWARK
NEWARK
NOTTINGHAMSHIRE
UNITED KINGDOM
NG24 1LY

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Transactions for this house
Price PaidDate
£35,00029 May 1997
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 May 1997 the House Price Index for NOTTINGHAMSHIRE was 33.4.

The House Price Index as of 1 Dec 2019 is 127.0 which is a change of 280.120%.

Applying this 280.120% change to the original purchase price of £35,000 gives us an estimated price now of around £133,042.

29 May 1997 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
33.4 127.0 280.120 % £35,000 £98,042 £133,042

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 316.187 % £110,665 £145,665
3 Month Average 286.030 % £100,110 £135,110
6 Month Average 302.788 % £105,975 £140,975
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
25 Oct 2019 £110,904 £110,000 9 FRIARY MEWS
6 Sep 2019 £102,404 £101,000 24 SLEAFORD ROAD
19 Jul 2019 £151,576 £148,000 2 FRIARY ROAD
20 Jun 2019 £126,151 £122,000 5 SYDNEY STREET
17 Apr 2019 £130,985 £125,000 8 FRIARY MEWS

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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