£110,812
This estimated value is based upon the latest sale price for the house of £108,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 30 Nov 2023 |
| £111,000 | 25 May 2007 |
| £34,000 | 17 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 651 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in November 2023 the House Price Index for LANCASHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £108,000 results in an estimated price of approximately £110,812.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £108,000 | £2,812 | £110,812 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -30.698 % | £-33,153 | £74,846 |
| 3 Month Average | -9.707 % | £-10,483 | £97,516 |
| 6 Month Average | -4.549 % | £-4,913 | £103,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £120,857 | £119,000 | 29 RUTLAND COURT |
| 30 Nov 2023 | £110,813 | £108,000 | 2 RUTLAND COURT |
| 13 Nov 2023 | £225,730 | £220,000 | 1A RUTLAND ROAD |
| 31 Aug 2023 | £437,898 | £430,000 | 89 COMMONSIDE |
| 17 Mar 2023 | £264,416 | £260,000 | 5 RUTLAND ROAD |
This house has a floor area of 60 sq meters or 651 sq feet when measured on 14 Jan 2009. Using an estimated price of £110,813 means this house is valued at £1,832 per sq meter (£170 per sq foot).
The average size of a house on RUTLAND COURT is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rutland Court |
| Sep 2024 | Anti-social behaviour | On or near Rutland Court | |
| Sep 2024 | Anti-social behaviour | On or near Rutland Court | |
| Sep 2024 | Anti-social behaviour | On or near Rutland Court | |
| Sep 2024 | Anti-social behaviour | On or near Rutland Court |