£663,715
This estimated value is based upon the latest sale price for the house of £350,000 on 23 Nov 2004. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £350,000 | 23 Nov 2004 |
| £150,000 | 24 Jun 1998 |
| 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 November 2004 the House Price Index for RUTLAND was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £350,000 results in an estimated price of approximately £663,715.
| 23 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 149.7 | 89.633 % | £350,000 | £313,715 | £663,715 |
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 | 40.815 % | £142,853 | £492,853 |
| 3 Month Average | 59.873 % | £209,557 | £559,557 |
| 6 Month Average | 64.559 % | £225,956 | £575,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,093,604 | £1,060,000 | 13 MAIN STREET |
| 21 Nov 2023 | £251,381 | £245,000 | SPRING COTTAGE, 15 GLASTON ROAD |
| 13 Oct 2023 | £972,078 | £950,000 | GLASTON HOUSE SPRING LANE |
| 4 Oct 2023 | £644,641 | £630,000 | 1A CHURCH LANE |
| 3 Aug 2023 | £885,980 | £870,000 | 8 CHURCH LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Lane |
| Sep 2024 | Other crime | Local resolution | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near The Inhams | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wing Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Wing Road |