£405,324
This estimated value is based upon the latest sale price for the house of £375,000 on 17 Jun 2021. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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Price Paid | Date |
---|---|
£375,000 | 17 Jun 2021 |
£275,000 | 17 Nov 2006 |
£84,500 | 26 Aug 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 June 2021 the House Price Index for RUTLAND was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £375,000 results in an estimated price of approximately £405,324.
17 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £375,000 | £30,324 | £405,324 |
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 | 6.858 % | £25,715 | £400,715 |
3 Month Average | -7.613 % | £-28,550 | £346,449 |
6 Month Average | -6.449 % | £-24,183 | £350,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £277,260 | £273,000 | 4 SPENCERS ROAD |
5 Jan 2023 | £378,511 | £377,500 | 10 AVELAND ROAD |
14 Jul 2022 | £353,543 | £350,000 | 7 SPINNEY ROAD |
5 May 2022 | £508,241 | £495,000 | 6 BARTLES HOLLOW |
5 Jan 2022 | £405,526 | £382,500 | 9 BARTLES HOLLOW |
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empingham Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Empingham Road |