£518,287
This estimated value is based upon the latest sale price for the house of £525,000 on 28 Feb 2023. This value is then adjusted by the current Official House Price Index for CITY OF NOTTINGHAM 1
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| Price Paid | Date |
|---|---|
| £525,000 | 28 Feb 2023 |
| £141,000 | 23 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF NOTTINGHAM to estimate the market value.
When this house was purchased in February 2023 the House Price Index for CITY OF NOTTINGHAM was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £525,000 results in an estimated price of approximately £518,287.
| 28 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £525,000 | £-6,712 | £518,287 |
The Postcode Pricing Model uses changes in average sales price within the NG8 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 | 28.523 % | £149,746 | £674,746 |
| 3 Month Average | 13.961 % | £73,293 | £598,293 |
| 6 Month Average | 7.141 % | £37,490 | £562,490 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 18 Sep 2013.
The average size of a house on RECTORY AVENUE is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Rectory Avenue |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Rectory Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rectory Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near St Leonard'S Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pembury Road |