£534,257
This estimated value is based upon the latest sale price for the house of £495,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £495,000 | 16 Dec 2021 |
| £196,000 | 29 Jan 2010 |
| £220,000 | 11 Aug 2004 |
| 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 2021 the House Price Index for RUTLAND was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £495,000 results in an estimated price of approximately £534,257.
| 16 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £495,000 | £39,257 | £534,257 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 16.748 % | £82,904 | £577,904 |
| 3 Month Average | -4.870 % | £-24,105 | £470,894 |
| 6 Month Average | 4.835 % | £23,931 | £518,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £203,000 | £203,000 | 4 SHARPES PLAIN |
| 8 Mar 2024 | £277,260 | £273,000 | 4 SPENCERS ROAD |
| 23 Nov 2023 | £318,074 | £310,000 | 25 NORTHWICK ROAD |
| 30 Jun 2023 | £158,170 | £155,000 | 2 SHARPES PLAIN |
| 5 Jan 2023 | £378,511 | £377,500 | 10 AVELAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empingham Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Wheatlands Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wheatlands Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Capendale Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Capendale Close |