£837,615
This estimated value is based upon the latest sale price for the house of £245,150 on 8 Jun 2001. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £245,150 | 8 Jun 2001 |
| 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 June 2001 the House Price Index for RUTLAND was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £245,150 results in an estimated price of approximately £837,615.
| 8 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £245,150 | £592,465 | £837,615 |
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 | 159.857 % | £391,888 | £637,038 |
| 3 Month Average | 187.659 % | £460,047 | £705,197 |
| 6 Month Average | 197.868 % | £485,073 | £730,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £594,128 | £585,000 | 6 SPRINGFIELD WAY |
| 30 Oct 2023 | £634,409 | £620,000 | 22 BARMSTEDT DRIVE |
| 29 Sep 2023 | £480,594 | £470,000 | 16 SUMMERFIELD |
| 21 Aug 2023 | £236,261 | £232,000 | 13 SPRINGFIELD WAY |
| 12 Jun 2023 | £331,646 | £325,000 | 8 BARMSTEDT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Awaiting court outcome | On or near Ashwell Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ryefield |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near School Road |