£539,224
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 92.9.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 8.934%.Applying this 8.934% change to the original purchase price of £495,000 results in an estimated price of approximately £539,224.
| 16 Dec 2021 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.9 | 101.2 | 8.934 % | £495,000 | £44,224 | £539,224 |
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 | -33.088 % | £-163,783 | £331,216 |
| 3 Month Average | -14.457 % | £-71,564 | £423,435 |
| 6 Month Average | 4.969 % | £24,598 | £519,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £283,077 | £280,000 | 23 NORTHWICK ROAD |
| 3 May 2024 | £318,611 | £312,000 | 14 SPINNEY ROAD |
| 1 May 2024 | £207,302 | £203,000 | 4 SHARPES PLAIN |
| 23 Nov 2023 | £321,434 | £310,000 | 25 NORTHWICK ROAD |
| 30 Jun 2023 | £159,249 | £155,000 | 2 SHARPES PLAIN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Empingham Road |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Empingham Road |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Timbergate Road |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Sand Furrows |
| Dec 2024 | Other theft | Local resolution | On or near Sand Furrows |