£245,055
This estimated value is based upon the latest sale price for the house of £170,200 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £170,200 | 28 Aug 2015 |
| £170,000 | 24 Aug 2015 |
| £144,000 | 27 May 2011 |
| £55,000 | 3 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 742 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 August 2015 the House Price Index for RUTLAND was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £170,200 results in an estimated price of approximately £245,055.
| 28 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £170,200 | £74,855 | £245,055 |
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 | 14.667 % | £24,963 | £195,163 |
| 3 Month Average | 34.708 % | £59,073 | £229,273 |
| 6 Month Average | 36.194 % | £61,601 | £231,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £242,450 | £235,000 | 45 ALEXANDER CRESCENT |
| 22 Aug 2023 | £244,408 | £240,000 | 12 FINCH AVENUE |
| 17 Aug 2023 | £299,349 | £293,950 | 65 ALEXANDER CRESCENT |
| 12 Apr 2023 | £285,286 | £279,950 | 7 GLEBE WAY |
| 24 Feb 2023 | £196,311 | £195,000 | 15 GRAMPIAN WAY |
This house has a floor area of 68 sq meters or 742 sq feet when measured on 11 Apr 2011. Using an estimated price of £245,055 means this house is valued at £3,553 per sq meter (£330 per sq foot).
The average size of a house on FINCH AVENUE is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Glebe Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Grampian Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hudson Close |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Mountbatten Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Churchill Road |