£324,090
This estimated value is based upon the latest sale price for the house of £61,500 on 14 Apr 1997. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £61,500 | 14 Apr 1997 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 1997 the House Price Index for RUTLAND was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £61,500 results in an estimated price of approximately £324,090.
| 14 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £61,500 | £262,590 | £324,090 |
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 | 391.427 % | £240,727 | £302,227 |
| 3 Month Average | 385.139 % | £236,860 | £298,360 |
| 6 Month Average | 356.262 % | £219,101 | £280,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £243,531 | £238,000 | 10 DOVE CLOSE |
| 11 Oct 2023 | £378,599 | £370,000 | 42 NOEL AVENUE |
| 17 Aug 2023 | £437,898 | £430,000 | 45 IRWELL CLOSE |
| 16 Feb 2023 | £276,849 | £275,000 | 88 WELLAND WAY |
| 1 Feb 2023 | £334,736 | £332,500 | 10 HARRINGTON WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 4 Aug 2014. Using an estimated price of £324,090 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on IRWELL CLOSE is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Severn Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dove Close |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Dove Close |
| Sep 2024 | Burglary | Under investigation | On or near Sandringham Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sandringham Close |