£478,114
This estimated value is based upon the latest sale price for the house of £323,500 on 20 Feb 2015. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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Price Paid | Date |
---|---|
£323,500 | 20 Feb 2015 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,023 sq feet |
This model uses changes in the Official Land Registry House Price Index for RUTLAND to estimate the market value.
When this house was purchased in February 2015 the House Price Index for RUTLAND was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £323,500 results in an estimated price of approximately £478,114.
20 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £323,500 | £154,614 | £478,114 |
The Postcode Pricing Model uses changes in average sales price within the LE15 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 | -12.926 % | £-41,815 | £281,684 |
3 Month Average | 48.412 % | £156,614 | £480,114 |
6 Month Average | 48.314 % | £156,295 | £479,795 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £213,156 | £210,000 | 6 AVON CLOSE |
3 Nov 2023 | £274,057 | £270,000 | 18 TYNE ROAD |
30 Mar 2023 | £302,853 | £300,000 | 61 TYNE ROAD |
9 Aug 2022 | £241,849 | £242,500 | 127 BROOKE ROAD |
3 Aug 2022 | £234,369 | £235,000 | 129 BROOKE ROAD |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 13 Aug 2014. Using an estimated price of £478,114 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on TRENT ROAD is 129 sq meters (1,396 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Local resolution | On or near Tyne Road |
Feb 2024 | Anti-social behaviour | On or near Don Close | |
Feb 2024 | Anti-social behaviour | On or near Don Close | |
Jan 2024 | Drugs | Offender given a caution | On or near Don Close |
Jan 2024 | Anti-social behaviour | On or near Welland Way |