£858,150
This estimated value is based upon the latest sale price for the house of £174,020 on 8 Dec 1997. This value is then adjusted by the current Official House Price Index for RUTLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £174,020 | 8 Dec 1997 |
| Detached |
| Freehold |
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 December 1997 the House Price Index for RUTLAND was 30.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 393.133%.Applying this 393.133% change to the original purchase price of £174,020 results in an estimated price of approximately £858,150.
| 8 Dec 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 149.7 | 393.133 % | £174,020 | £684,130 | £858,150 |
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 | 256.423 % | £446,227 | £620,247 |
| 3 Month Average | 339.109 % | £590,117 | £764,137 |
| 6 Month Average | 330.205 % | £574,622 | £748,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £226,974 | £220,000 | 27 HARBOROUGH CLOSE |
| 3 Aug 2023 | £534,643 | £525,000 | 19 MELTON ROAD |
| 24 Feb 2023 | £427,858 | £425,000 | 12 HARBOROUGH CLOSE |
| 3 May 2022 | £128,338 | £124,995 | 26 MELTON ROAD |
| 8 Apr 2022 | £244,313 | £235,500 | 20 SHERRARD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanilands |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakham Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Mill Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willow Close |
| Oct 2024 | Other crime | Under investigation | On or near Melton Road |