£136,023
This estimated value is based upon the latest sale price for the house of £79,000 on 7 Mar 2012. This value is then adjusted by the current Official House Price Index for RUTLAND 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £79,000 | 7 Mar 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 396 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 March 2012 the House Price Index for RUTLAND was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £79,000 results in an estimated price of approximately £136,023.
| 7 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £79,000 | £57,023 | £136,023 |
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 | 64.173 % | £50,696 | £129,696 |
| 3 Month Average | 59.414 % | £46,937 | £125,937 |
| 6 Month Average | 55.871 % | £44,137 | £123,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £464,266 | £450,000 | 2 EDWARDS WAY |
| 8 Sep 2023 | £224,959 | £220,000 | 5 WEST ROAD |
| 18 Nov 2022 | £149,297 | £149,995 | WILLOW MEWS, 25 HUNTSMANS DRIVE |
| 28 Oct 2022 | £144,517 | £145,000 | 11 HUNTSMANS DRIVE |
| 5 Aug 2022 | £120,564 | £120,000 | 6 WEST ROAD |
This house has a floor area of 36 sq meters or 396 sq feet when measured on 30 Jan 2012. Using an estimated price of £136,023 means this house is valued at £3,696 per sq meter (£343 per sq foot).
The average size of a house on PARK LANE is 80 sq meters (863 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Bicycle theft | On or near Oakham (Station) | |
| Jul 2024 | Other theft | On or near Oakham (Station) | |
| Jul 2024 | Other theft | On or near Oakham (Station) | |
| Jul 2024 | Other theft | On or near Oakham (Station) | |
| Jul 2024 | Other theft | On or near Oakham (Station) |