£239,640
This estimated value is based upon the latest sale price for the house of £158,250 on 22 Aug 2014. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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Price Paid | Date |
---|---|
£158,250 | 22 Aug 2014 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 August 2014 the House Price Index for RUTLAND was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £158,250 results in an estimated price of approximately £239,640.
22 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £158,250 | £81,390 | £239,640 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 19.427 % | £30,743 | £188,993 |
3 Month Average | 45.391 % | £71,831 | £230,081 |
6 Month Average | 54.099 % | £85,612 | £243,862 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £406,011 | £400,000 | 74 RAINSBOROUGH GARDENS |
11 Sep 2023 | £308,950 | £305,000 | 48 CROMWELL CRESCENT |
1 Jun 2023 | £425,150 | £420,000 | 44 RUPERT ROAD |
1 Jun 2023 | £445,395 | £440,000 | 26 CROMWELL CRESCENT |
31 Mar 2023 | £489,613 | £485,000 | 5 BISHOP CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 30 Oct 2014. Using an estimated price of £239,641 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on CROMWELL CRESCENT is 85 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Lindsey Gardens |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Vaughan Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lenthall Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tungstone Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Road |