£399,751
This estimated value is based upon the latest sale price for the house of £240,000 on 27 Jun 2013. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
There has been one burglary within the last year on or near Southern Wood
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| Price Paid | Date |
|---|---|
| £240,000 | 27 Jun 2013 |
| £195,000 | 29 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 June 2013 the House Price Index for NOTTINGHAMSHIRE was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £240,000 results in an estimated price of approximately £399,751.
| 27 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £240,000 | £159,751 | £399,751 |
The Postcode Pricing Model uses changes in average sales price within the S80 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 | -10.092 % | £-24,220 | £215,779 |
| 3 Month Average | 20.988 % | £50,370 | £290,370 |
| 6 Month Average | 49.644 % | £119,145 | £359,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £160,156 | £158,000 | 51 HARLEY CLOSE |
| 14 Apr 2023 | £143,546 | £142,000 | 47 HARLEY CLOSE |
| 4 Jul 2022 | £416,120 | £415,000 | 16 HARLEY CLOSE |
| 19 Nov 2021 | £405,568 | £375,000 | 34 SOUTHERN WOOD |
| 20 Nov 2020 | £353,603 | £305,000 | 3 SOUTHERN WOOD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 6 May 2013. Using an estimated price of £399,752 means this house is valued at £3,198 per sq meter (£297 per sq foot).
The average size of a house on SOUTHERN WOOD is 154 sq meters (1,666 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Southern Wood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harley Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Harley Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Harley Close |