£484,415
This estimated value is based upon the latest sale price for the house of £165,000 on 15 May 2002. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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Price Paid | Date |
---|---|
£165,000 | 15 May 2002 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 May 2002 the House Price Index for NOTTINGHAMSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £165,000 results in an estimated price of approximately £484,415.
15 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £165,000 | £319,415 | £484,415 |
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 | 162.872 % | £268,739 | £433,739 |
3 Month Average | 215.609 % | £355,755 | £520,755 |
6 Month Average | 231.498 % | £381,972 | £546,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £437,898 | £430,000 | 38 SOUTHPARK AVENUE |
27 Mar 2023 | £513,577 | £505,000 | 30 THE AVENUE |
23 Feb 2023 | £286,917 | £285,000 | 156 CHATSWORTH DRIVE |
24 Jun 2022 | £441,947 | £432,500 | 24 PINEWOOD DRIVE |
17 Jun 2022 | £347,427 | £340,000 | 109 CHATSWORTH DRIVE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 26 Jul 2013. Using an estimated price of £484,415 means this house is valued at £2,971 per sq meter (£276 per sq foot).
The average size of a house on SOUTHPARK AVENUE is 136 sq meters (1,468 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Oakfield Close |
Jul 2024 | Anti-social behaviour | On or near Newark Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newark Close |
Apr 2024 | Anti-social behaviour | On or near Newark Close | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newark Close |