£290,362
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Mar 2018. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £230,000 | 15 Mar 2018 |
| Semi-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 March 2018 the House Price Index for RUTLAND was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £230,000 results in an estimated price of approximately £290,362.
| 15 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £230,000 | £60,362 | £290,362 |
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 | 49.615 % | £114,113 | £344,113 |
| 3 Month Average | 24.733 % | £56,885 | £286,885 |
| 6 Month Average | 21.290 % | £48,966 | £278,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £392,047 | £380,000 | 1 THE COTTONS |
| 1 Dec 2023 | £608,704 | £590,000 | SUNLOCH, 2 STABLE YARD |
| 10 Nov 2023 | £133,386 | £130,000 | 27 MAIN STREET |
| 14 Aug 2023 | £855,429 | £840,000 | MEADOW FARMHOUSE, 5 THE GREEN |
| 27 Jan 2023 | £396,058 | £395,000 | 6 WELLAND CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Welland Close |
| Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Lyddington Road |
| Jul 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Church Lane |
| Sep 2024 | Drugs | Local resolution | On or near Caldecott Road |
| Oct 2024 | Burglary | Under investigation | On or near Main Street |