£301,855
This estimated value is based upon the latest sale price for the house of £295,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £295,000 | 19 Oct 2023 |
| £168,000 | 28 Nov 2012 |
| £166,000 | 19 May 2006 |
| £143,000 | 10 Dec 2003 |
| £108,000 | 14 Dec 2001 |
| £80,000 | 15 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 October 2023 the House Price Index for RUTLAND was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £295,000 results in an estimated price of approximately £301,855.
| 19 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £295,000 | £6,855 | £301,855 |
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 | -33.606 % | £-99,137 | £195,862 |
| 3 Month Average | -10.834 % | £-31,959 | £263,040 |
| 6 Month Average | -9.458 % | £-27,900 | £267,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £301,856 | £295,000 | 5 NIGHTINGALE WAY |
| 13 Jul 2022 | £245,460 | £243,000 | 19 REDWING CLOSE |
| 30 May 2022 | £271,062 | £264,000 | 104 BURLEY ROAD |
| 14 Feb 2022 | £380,325 | £360,000 | 2 NIGHTINGALE WAY |
| 20 Dec 2021 | £437,066 | £404,950 | 20 KESTREL ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Oct 2012. Using an estimated price of £301,856 means this house is valued at £2,930 per sq meter (£272 per sq foot).
The average size of a house on NIGHTINGALE WAY is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Redwing Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chestnut Road |
| Oct 2024 | Other crime | Under investigation | On or near Burley Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Ladywell |