£1,939,760
This estimated value is based upon the latest sale price for the house of £1,897,000 on 22 Sep 2023. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £1,897,000 | 22 Sep 2023 |
| £1,250,000 | 23 Sep 2013 |
| £1,246,000 | 27 Apr 2010 |
| £495,000 | 7 Dec 1999 |
| £292,500 | 3 Nov 1995 |
| Semi-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 September 2023 the House Price Index for RUTLAND was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £1,897,000 results in an estimated price of approximately £1,939,760.
| 22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £1,897,000 | £42,760 | £1,939,760 |
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 | -18.923 % | £-358,965 | £1,538,034 |
| 3 Month Average | -14.923 % | £-283,094 | £1,613,905 |
| 6 Month Average | -7.858 % | £-149,063 | £1,747,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £1,939,760 | £1,897,000 | 50 MAIN STREET |
| 6 Apr 2023 | £275,146 | £270,000 | GOLDCREST COTTAGE, 56A MAIN STREET |
| 21 Feb 2023 | £196,311 | £195,000 | 15 MAIN STREET |
| 3 Feb 2023 | £780,212 | £775,000 | THE BARN, 35A MAIN STREET |
| 1 Feb 2023 | £310,071 | £308,000 | 7 LOVES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Main Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Willoughby Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Crocket Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Crocket Lane |
| Oct 2024 | Burglary | Under investigation | On or near Audit Hall Road |