£314,677
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 16 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 February 2018 the House Price Index for NOTTINGHAMSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £250,000 results in an estimated price of approximately £314,677.
| 16 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £250,000 | £64,677 | £314,677 |
The Postcode Pricing Model uses changes in average sales price within the NG18 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 | 20.235 % | £50,586 | £300,586 |
| 3 Month Average | 27.363 % | £68,407 | £318,407 |
| 6 Month Average | 28.400 % | £71,000 | £321,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £275,464 | £267,000 | 9 THE DUKERIES |
| 28 Sep 2023 | £382,430 | £374,000 | 57 BIRCH GROVE |
| 10 Aug 2023 | £717,949 | £705,000 | 6 WATERSON OAKS |
| 21 Feb 2023 | £375,508 | £373,000 | 11 BRIAR LANE |
| 28 Jun 2022 | £214,587 | £210,000 | 265 SOUTHWELL ROAD WEST |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 21 Sep 2017. Using an estimated price of £314,677 means this house is valued at £2,097 per sq meter (£194 per sq foot).
The average size of a house on SOUTHWELL ROAD WEST is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other crime | Under investigation | On or near The Dukeries |
| Jul 2024 | Drugs | Under investigation | On or near The Dukeries |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near The Dukeries |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterson Oaks |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterson Oaks |