£952,515
This estimated value is based upon the latest sale price for the house of £700,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £700,000 | 24 Mar 2016 |
| 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 March 2016 the House Price Index for RUTLAND was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £700,000 results in an estimated price of approximately £952,515.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £700,000 | £252,515 | £952,515 |
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 | 24.448 % | £171,134 | £871,134 |
| 3 Month Average | 32.873 % | £230,110 | £930,110 |
| 6 Month Average | 30.447 % | £213,125 | £913,125 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £300,000 | £300,000 | 6 NORTON STREET |
| 25 Mar 2024 | £251,362 | £247,500 | 25 SOUTH VIEW |
| 8 Mar 2024 | £162,497 | £160,000 | 33 HIGH STREET EAST |
| 27 Nov 2023 | £148,777 | £145,000 | FLAT 2 ODDFELLOWS HALL, 57A HIGH STREET EAST |
| 5 Oct 2023 | £168,835 | £165,000 | 11 PRINTERS YARD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reeve'S Yard |
| Sep 2024 | Public order | Under investigation | On or near Reeve'S Yard |
| Aug 2024 | Anti-social behaviour | On or near Reeve'S Yard | |
| Aug 2024 | Anti-social behaviour | On or near Reeve'S Yard | |
| Aug 2024 | Anti-social behaviour | On or near Reeve'S Yard |