£494,824
This estimated value is based upon the latest sale price for the house of £412,500 on 31 Mar 2020. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £412,500 | 31 Mar 2020 |
| 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 March 2020 the House Price Index for RUTLAND was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £412,500 results in an estimated price of approximately £494,824.
| 31 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £412,500 | £82,324 | £494,824 |
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 | -47.118 % | £-194,361 | £218,138 |
| 3 Month Average | 31.063 % | £128,132 | £540,632 |
| 6 Month Average | 24.833 % | £102,436 | £514,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £202,601 | £200,000 | 20 MAIN STREET |
| 21 Nov 2023 | £248,186 | £245,000 | SPRING COTTAGE, 15 GLASTON ROAD |
| 3 Aug 2023 | £875,323 | £870,000 | 8 CHURCH LANE |
| 17 Aug 2022 | £595,973 | £600,000 | 3A CHURCH LANE |
| 6 Sep 2021 | £434,663 | £405,000 | THE HAYLOFT, 5 TOP LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Main Road |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Seaton Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Moles Lane |