£192,371
This estimated value is based upon the latest sale price for the house of £124,000 on 2 Nov 2007. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 2 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2007 the House Price Index for NOTTINGHAMSHIRE was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £124,000 results in an estimated price of approximately £192,371.
| 2 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £124,000 | £68,371 | £192,371 |
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 | -52.019 % | £-64,503 | £59,496 |
| 3 Month Average | 27.352 % | £33,916 | £157,916 |
| 6 Month Average | 47.843 % | £59,324 | £183,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £302,666 | £299,000 | 12 BREWERS WAY |
| 24 Mar 2023 | £545,136 | £540,000 | 45 JENNY BECKETTS LANE |
| 24 Mar 2023 | £242,283 | £240,000 | 51 JENNY BECKETTS LANE |
| 27 May 2022 | £86,632 | £85,000 | 15 COCKLE CLOSE |
| 8 Apr 2022 | £298,642 | £290,000 | 32 VALE CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 1 Mar 2014. Using an estimated price of £192,372 means this house is valued at £2,531 per sq meter (£235 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 |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cockle Close | |
| Feb 2024 | Anti-social behaviour | On or near Cockle Close | |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Cockle Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brewers Way |