£124,705
This estimated value is based upon the latest sale price for the house of £86,000 on 16 Jul 2015. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There have been two burglaries within the last year on or near Southwood Avenue
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| Price Paid | Date |
|---|---|
| £86,000 | 16 Jul 2015 |
| £75,000 | 9 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2015 the House Price Index for NOTTINGHAMSHIRE was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £86,000 results in an estimated price of approximately £124,705.
| 16 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £86,000 | £38,705 | £124,705 |
The Postcode Pricing Model uses changes in average sales price within the NG17 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 | 10.252 % | £8,816 | £94,816 |
| 3 Month Average | 49.523 % | £42,590 | £128,590 |
| 6 Month Average | 52.870 % | £45,468 | £131,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £170,231 | £165,000 | 53 STANTON CRESCENT |
| 29 Sep 2023 | £143,156 | £140,000 | 47 BROOKFIELD AVENUE |
| 17 Mar 2023 | £157,632 | £155,000 | 20 STANTON CRESCENT |
| 24 Feb 2023 | £156,042 | £155,000 | 2 SOUTHWOOD AVENUE |
| 28 Apr 2022 | £124,491 | £120,000 | 8 BRANDRETH AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 22 Jan 2014. Using an estimated price of £124,705 means this house is valued at £1,433 per sq meter (£133 per sq foot).
The average size of a house on SOUTHWOOD AVENUE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Southwood Avenue |
| Sep 2024 | Other crime | Under investigation | On or near Southwood Avenue |
| Aug 2024 | Drugs | Under investigation | On or near Southwood Avenue |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Southwood Avenue |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Southwood Avenue |