£508,567
This estimated value is based upon the latest sale price for the house of £301,600 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £301,600 | 1 Mar 2013 |
| £280,000 | 11 Jul 2005 |
| £122,000 | 22 May 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 March 2013 the House Price Index for RUTLAND was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £301,600 results in an estimated price of approximately £508,567.
| 1 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £301,600 | £206,967 | £508,567 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 117.254 % | £353,636 | £655,236 |
| 3 Month Average | 86.851 % | £261,943 | £563,543 |
| 6 Month Average | 79.059 % | £238,441 | £540,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £277,260 | £273,000 | 4 SPENCERS ROAD |
| 23 Nov 2023 | £318,074 | £310,000 | 25 NORTHWICK ROAD |
| 5 Jan 2023 | £378,511 | £377,500 | 10 AVELAND ROAD |
| 8 Aug 2022 | £477,232 | £475,000 | 32 NORTHWICK ROAD |
| 14 Jul 2022 | £353,543 | £350,000 | 7 SPINNEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Luffenham Road | |
| Sep 2024 | Anti-social behaviour | On or near Luffenham Road | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northwick Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northwick Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spencers Road |