£257,612
This estimated value is based upon the latest sale price for the house of £51,998 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £51,998 | 31 Oct 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 October 1997 the House Price Index for RUTLAND was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £51,998 results in an estimated price of approximately £257,612.
| 31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £51,998 | £205,614 | £257,612 |
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 | 244.740 % | £127,259 | £179,257 |
| 3 Month Average | 377.863 % | £196,480 | £248,478 |
| 6 Month Average | 364.037 % | £189,291 | £241,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2022 | £377,530 | £360,000 | 2 NIGHTINGALE WAY |
| 20 Dec 2021 | £433,854 | £404,950 | 20 KESTREL ROAD |
| 16 Nov 2021 | £254,156 | £235,000 | 20 NIGHTINGALE WAY |
| 30 Sep 2021 | £207,975 | £193,000 | 54 NIGHTINGALE WAY |
| 16 Sep 2021 | £226,294 | £210,000 | 18 NIGHTINGALE WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 Feb 2013. Using an estimated price of £257,612 means this house is valued at £3,963 per sq meter (£368 per sq foot).
The average size of a house on KESTREL ROAD is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redwing Close |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Redwing Close |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Redwing Close |