£70,384
This estimated value is based upon the latest sale price for the house of £60,000 on 1 Oct 2020. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 1 Oct 2020 |
| £27,000 | 31 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2020 the House Price Index for NOTTINGHAMSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £60,000 results in an estimated price of approximately £70,384.
| 1 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £60,000 | £10,384 | £70,384 |
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 | 17.886 % | £10,731 | £70,731 |
| 3 Month Average | 14.120 % | £8,472 | £68,472 |
| 6 Month Average | 19.267 % | £11,560 | £71,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £69,000 | £69,000 | 67 MORLEY STREET |
| 6 Dec 2023 | £111,959 | £110,000 | 9 MORLEY STREET |
| 20 Nov 2023 | £116,728 | £115,000 | 23 MORLEY STREET |
| 29 Sep 2023 | £81,036 | £80,000 | 76 PRIESTSIC ROAD |
| 23 Jun 2023 | £117,928 | £116,500 | 46 RUSSELL STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 May 2019. Using an estimated price of £70,385 means this house is valued at £868 per sq meter (£80 per sq foot).
The average size of a house on MORLEY STREET is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morley Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Morley Street |
| Mar 2024 | Anti-social behaviour | On or near Russell Street | |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near North Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edward Avenue |