£628,093
This estimated value is based upon the latest sale price for the house of £400,000 on 8 Jan 2008. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £400,000 | 8 Jan 2008 |
| 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 January 2008 the House Price Index for RUTLAND was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £400,000 results in an estimated price of approximately £628,093.
| 8 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £400,000 | £228,093 | £628,093 |
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 | 83.543 % | £334,173 | £734,173 |
| 3 Month Average | 50.409 % | £201,636 | £601,636 |
| 6 Month Average | 51.040 % | £204,160 | £604,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £1,095,000 | £1,095,000 | THE ELMS, 2 MAIN STREET |
| 17 May 2024 | £999,000 | £999,000 | STONE BARN FARM, 44A MAIN STREET |
| 21 Nov 2023 | £1,020,915 | £995,000 | THE MULLIONS, 11 STOKE ROAD |
| 26 Oct 2023 | £895,335 | £875,000 | 97 MAIN STREET |
| 25 Sep 2023 | £311,875 | £305,000 | 1 THE GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Main Street |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Red Hill |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Red Hill |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hornbeam Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hornbeam Lane |