£185,744
This estimated value is based upon the latest sale price for the house of £122,500 on 2 Sep 2014. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £122,500 | 2 Sep 2014 |
| 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 September 2014 the House Price Index for RUTLAND was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £122,500 results in an estimated price of approximately £185,744.
| 2 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £122,500 | £63,244 | £185,744 |
The Postcode Pricing Model uses changes in average sales price within the PE9 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 | 60.150 % | £73,684 | £196,184 |
| 3 Month Average | 53.093 % | £65,039 | £187,539 |
| 6 Month Average | 58.030 % | £71,087 | £193,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £265,000 | £265,000 | 22 ST JOHNS CLOSE |
| 20 Mar 2024 | £540,301 | £532,000 | 3 GWASH CLOSE |
| 14 Dec 2023 | £928,532 | £900,000 | 4 GWASH MEADOWS |
| 23 Aug 2023 | £419,567 | £412,000 | 7 MANOR CLOSE |
| 10 Feb 2023 | £624,169 | £620,000 | BEECROFT MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Castle Rise |
| Sep 2024 | Other crime | Under investigation | On or near Post Office Lane |
| Sep 2024 | Anti-social behaviour | On or near Coppice Road | |
| Sep 2024 | Anti-social behaviour | On or near Coppice Road | |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coppice Road |