£373,349
This estimated value is based upon the latest sale price for the house of £300,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £300,000 | 25 Jan 2019 |
| £145,000 | 17 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 January 2019 the House Price Index for RUTLAND was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £300,000 results in an estimated price of approximately £373,349.
| 25 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £300,000 | £73,349 | £373,349 |
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 | 3.328 % | £9,982 | £309,982 |
| 3 Month Average | 24.165 % | £72,495 | £372,495 |
| 6 Month Average | 13.023 % | £39,068 | £339,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £109,998 | £107,500 | FLAT 4 WEST WALK WEST ROAD |
| 27 Mar 2023 | £239,532 | £235,532 | 61 WEST ROAD |
| 3 Mar 2023 | £181,786 | £178,750 | 73 WEST ROAD |
| 26 Jan 2023 | £132,855 | £132,500 | 33 KINGS ROAD |
| 17 Nov 2022 | £209,023 | £210,000 | 87 KINGS ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 1 Dec 2017. Using an estimated price of £373,350 means this house is valued at £2,362 per sq meter (£219 per sq foot).
The average size of a house on KINGS ROAD is 79 sq meters (852 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near King'S Road |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near West Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near West Road |