£705,081
This estimated value is based upon the latest sale price for the house of £510,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £510,000 | 15 Jan 2016 |
| £425,000 | 31 Jan 2012 |
| £290,125 | 11 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 2016 the House Price Index for RUTLAND was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £510,000 results in an estimated price of approximately £705,081.
| 15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £510,000 | £195,081 | £705,081 |
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 | 8.921 % | £45,495 | £555,495 |
| 3 Month Average | 33.060 % | £168,607 | £678,607 |
| 6 Month Average | 27.751 % | £141,529 | £651,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £515,851 | £500,000 | 2 SUTHERN CLOSE |
| 30 Oct 2023 | £634,409 | £620,000 | 22 BARMSTEDT DRIVE |
| 12 Jun 2023 | £331,646 | £325,000 | 8 BARMSTEDT CLOSE |
| 21 Jan 2022 | £477,089 | £450,000 | 3 SUTHERN CLOSE |
| 12 Nov 2021 | £822,587 | £755,000 | 1 BARMSTEDT DRIVE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 6 Jul 2015. Using an estimated price of £705,082 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on BARMSTEDT DRIVE is 142 sq meters (1,538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Awaiting court outcome | On or near Ashwell Road |
| Oct 2024 | Anti-social behaviour | On or near Gilmore Close | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ryefield |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |