£662,014
This estimated value is based upon the latest sale price for the house of £387,500 on 15 Jun 2010. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £387,500 | 15 Jun 2010 |
| £242,750 | 24 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,994 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 June 2010 the House Price Index for RUTLAND was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £387,500 results in an estimated price of approximately £662,014.
| 15 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £387,500 | £274,514 | £662,014 |
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 | 43.407 % | £168,202 | £555,702 |
| 3 Month Average | 52.608 % | £203,856 | £591,356 |
| 6 Month Average | 46.941 % | £181,895 | £569,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £515,851 | £500,000 | 2 SUTHERN CLOSE |
| 30 Oct 2023 | £634,409 | £620,000 | 22 BARMSTEDT DRIVE |
| 12 Jun 2023 | £331,646 | £325,000 | 8 BARMSTEDT CLOSE |
| 21 Jan 2022 | £477,089 | £450,000 | 3 SUTHERN CLOSE |
| 12 Nov 2021 | £822,587 | £755,000 | 1 BARMSTEDT DRIVE |
This house has a floor area of 185 sq meters or 1,994 sq feet when measured on 6 Jul 2009. Using an estimated price of £662,014 means this house is valued at £3,572 per sq meter (£331 per sq foot).
The average size of a house on BARMSTEDT DRIVE is 142 sq meters (1,538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Awaiting court outcome | On or near Ashwell Road |
| Oct 2024 | Anti-social behaviour | On or near Gilmore Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ryefield |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |