£269,362
This estimated value is based upon the latest sale price for the house of £175,000 on 2 Jul 2014. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £175,000 | 2 Jul 2014 |
| £42,500 | 5 Nov 2001 |
| 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 July 2014 the House Price Index for RUTLAND was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £175,000 results in an estimated price of approximately £269,362.
| 2 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £175,000 | £94,362 | £269,362 |
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 | 14.880 % | £26,039 | £201,039 |
| 3 Month Average | 38.282 % | £66,993 | £241,993 |
| 6 Month Average | 47.496 % | £83,117 | £258,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £388,566 | £380,000 | 8 REEVES LANE |
| 29 Sep 2023 | £332,326 | £325,000 | 35 MORCOTT ROAD |
| 14 Aug 2023 | £351,337 | £345,000 | 25 MORCOTT ROAD |
| 10 Feb 2023 | £704,707 | £700,000 | HOLLY TREE HOUSE TOP STREET |
| 25 Nov 2022 | £786,323 | £790,000 | FIELD HOUSE CHURCH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Top Street |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pinfold Lane |
| Aug 2024 | Anti-social behaviour | On or near Chater Close | |
| Aug 2024 | Anti-social behaviour | On or near Chater Close | |
| Aug 2024 | Anti-social behaviour | On or near Chater Close |