£245,126
This estimated value is based upon the latest sale price for the house of £134,500 on 10 Oct 2005. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £134,500 | 10 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 28 sq meters or 306 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in October 2005 the House Price Index for CITY OF NOTTINGHAM was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £134,500 results in an estimated price of approximately £245,126.
| 10 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £134,500 | £110,626 | £245,126 |
The Postcode Pricing Model uses changes in average sales price within the NG1 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 | 53.642 % | £72,148 | £206,648 |
| 3 Month Average | 36.859 % | £49,575 | £184,075 |
| 6 Month Average | 55.039 % | £74,027 | £208,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £111,653 | £110,000 | FLAT 53 THE HABITAT WOOLPACK LANE |
| 17 Nov 2023 | £116,728 | £115,000 | FLAT 27 THE HABITAT WOOLPACK LANE |
| 17 Nov 2023 | £111,653 | £110,000 | FLAT 42 THE HABITAT WOOLPACK LANE |
| 29 Jun 2023 | £126,533 | £125,000 | APARTMENT 6 HOCKLEY HOUSE, 23 WOOLPACK LANE |
| 13 Apr 2023 | £104,121 | £103,000 | FLAT 4 THE MILL, 27 WOOLPACK LANE |
This house has a floor area of 28 sq meters or 306 sq feet when measured on 24 Feb 2009. Using an estimated price of £245,127 means this house is valued at £8,619 per sq meter (£800 per sq foot).
The average size of a house on WOOLPACK LANE is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Goose Gate |
| Mar 2024 | Anti-social behaviour | On or near Goose Gate | |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Goose Gate |
| Mar 2024 | Anti-social behaviour | On or near Goose Gate | |
| Feb 2024 | Anti-social behaviour | On or near Goose Gate |