£238,201
This estimated value is based upon the latest sale price for the house of £150,000 on 20 Jul 2007. This value is then adjusted by the current Official House Price Index for NOTTINGHAMSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 20 Jul 2007 |
| £81,655 | 6 Jul 2001 |
| £46,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2007 the House Price Index for NOTTINGHAMSHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £150,000 results in an estimated price of approximately £238,201.
| 20 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £150,000 | £88,201 | £238,201 |
The Postcode Pricing Model uses changes in average sales price within the NG3 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 | 56.835 % | £85,252 | £235,252 |
| 3 Month Average | 70.197 % | £105,294 | £255,294 |
| 6 Month Average | 66.899 % | £100,349 | £250,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £249,668 | £247,500 | 63 MORLEY AVENUE |
| 26 Jan 2023 | £117,815 | £117,500 | 1 PEMBROKE COURT WOODBOROUGH ROAD |
| 17 Jun 2022 | £265,679 | £260,000 | 117 MORLEY AVENUE |
| 25 May 2022 | £151,959 | £148,000 | 511 WOODBOROUGH ROAD |
| 20 May 2022 | £161,200 | £157,000 | 8 BYFORD CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 13 Jun 2012. Using an estimated price of £238,201 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on MORLEY AVENUE is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Morley Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Morley Avenue | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Morley Avenue |
| Jul 2024 | Anti-social behaviour | On or near Morley Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Morley Avenue |