£109,209
This estimated value is based upon the latest sale price for the house of £84,000 on 24 Feb 2017. 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 Morel Close
More crime details
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| Price Paid | Date |
|---|---|
| £84,000 | 24 Feb 2017 |
| £96,500 | 30 Nov 2007 |
| £74,000 | 22 Apr 2005 |
| Semi-Detached |
| Freehold |
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 February 2017 the House Price Index for NOTTINGHAMSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £84,000 results in an estimated price of approximately £109,209.
| 24 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £84,000 | £25,209 | £109,209 |
The Postcode Pricing Model uses changes in average sales price within the NG16 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 | 52.880 % | £44,419 | £128,419 |
| 3 Month Average | 35.869 % | £30,129 | £114,129 |
| 6 Month Average | 39.130 % | £32,869 | £116,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2022 | £187,505 | £187,000 | 26 SHERWOOD RISE |
| 24 Jun 2022 | £177,509 | £175,000 | 32 SHERWOOD RISE |
| 11 Mar 2022 | £174,299 | £168,200 | 131 QUEENS ROAD SOUTH |
| 28 Feb 2022 | £214,982 | £205,000 | 19 SHERWOOD RISE |
| 16 Feb 2022 | £146,817 | £140,000 | 27 SEYMOUR ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Morel Close |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Morel Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Morel Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Morel Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morel Close |