£353,888
This estimated value is based upon the latest sale price for the house of £206,500 on 22 Oct 2010. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £206,500 | 22 Oct 2010 |
| £122,000 | 27 Jun 2001 |
| £113,500 | 7 Dec 2000 |
| £78,500 | 27 Mar 1997 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2010 the House Price Index for RUTLAND was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £206,500 results in an estimated price of approximately £353,888.
| 22 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £206,500 | £147,388 | £353,888 |
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 | 73.225 % | £151,209 | £357,709 |
| 3 Month Average | 52.287 % | £107,972 | £314,472 |
| 6 Month Average | 48.111 % | £99,349 | £305,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £594,128 | £585,000 | 6 SPRINGFIELD WAY |
| 14 Mar 2024 | £360,539 | £355,000 | 10 LIMEFIELD |
| 29 Sep 2023 | £480,594 | £470,000 | 16 SUMMERFIELD |
| 22 Sep 2023 | £385,498 | £377,000 | 2 FOXFIELD WAY |
| 21 Aug 2023 | £236,261 | £232,000 | 13 SPRINGFIELD WAY |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Mar 2020. Using an estimated price of £353,888 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on LARCHFIELD is 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ryefield |
| Oct 2024 | Burglary | Under investigation | On or near Sunnyfield |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Withers Close |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Withers Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Withers Close |