£297,577
This estimated value is based upon the latest sale price for the house of £260,000 on 19 Nov 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 19 Nov 2020 |
| £190,000 | 7 Aug 2006 |
| Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,503 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 November 2020 the House Price Index for NOTTINGHAMSHIRE was 128.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 14.453%.Applying this 14.453% change to the original purchase price of £260,000 results in an estimated price of approximately £297,577.
| 19 Nov 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 146.7 | 14.453 % | £260,000 | £37,577 | £297,577 |
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 | -68.676 % | £-178,556 | £81,443 |
| 3 Month Average | -13.355 % | £-34,723 | £225,276 |
| 6 Month Average | 4.569 % | £11,878 | £271,878 |
This house has a floor area of 139 sq meters or 1,503 sq feet when measured on 23 Jan 2012.
The average size of a house on SOUTHWELL ROAD WEST is 111 sq meters (1,201 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Racecourse Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Racecourse Road |
| Dec 2023 | Other theft | Awaiting court outcome | On or near Racecourse Road |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close | |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close |