£559,812
This estimated value is based upon the latest sale price for the house of £320,000 on 26 Jun 2006. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £320,000 | 26 Jun 2006 |
| £265,000 | 21 Jul 2003 |
| £170,000 | 24 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 June 2006 the House Price Index for RUTLAND was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £320,000 results in an estimated price of approximately £559,812.
| 26 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £320,000 | £239,812 | £559,812 |
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 | 32.211 % | £103,075 | £423,075 |
| 3 Month Average | 58.496 % | £187,188 | £507,188 |
| 6 Month Average | 59.984 % | £191,948 | £511,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £515,851 | £500,000 | 2 SUTHERN CLOSE |
| 13 Mar 2023 | £183,057 | £180,000 | 2 TABBERER CLOSE |
| 26 Jul 2022 | £353,553 | £350,010 | 11 LIVINGSTONE CLOSE |
| 21 Jan 2022 | £477,089 | £450,000 | 3 SUTHERN CLOSE |
| 17 Dec 2021 | £485,689 | £450,000 | 15 LIVINGSTONE CLOSE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 22 Aug 2015. Using an estimated price of £559,813 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on SCHOFIELD ROAD is 121 sq meters (1,310 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Gilmore Close | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Withers Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Withers Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Withers Close |
| Aug 2024 | Anti-social behaviour | On or near Withers Close |