£298,996
This estimated value is based upon the latest sale price for the house of £202,000 on 20 Apr 2015. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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Price Paid | Date |
---|---|
£202,000 | 20 Apr 2015 |
£200,000 | 26 Mar 2015 |
£72,500 | 26 Jul 2012 |
£75,000 | 14 May 2009 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 April 2015 the House Price Index for RUTLAND was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £202,000 results in an estimated price of approximately £298,996.
20 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £202,000 | £96,996 | £298,996 |
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 | 47.107 % | £95,155 | £297,155 |
3 Month Average | 32.686 % | £66,025 | £268,025 |
6 Month Average | 35.148 % | £70,998 | £272,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £771,859 | £760,000 | 4 CATMOSE PARK ROAD |
8 Nov 2023 | £446,330 | £435,000 | 1 SCULTHORPE CLOSE |
17 Oct 2023 | £731,616 | £715,000 | 18 TOLETHORPE CLOSE |
28 Jun 2023 | £545,941 | £535,000 | 7 LETHBRIDGE CLOSE |
17 Feb 2023 | £289,433 | £287,500 | 7 JASPER ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 22 Jan 2015. Using an estimated price of £298,996 means this house is valued at £2,960 per sq meter (£275 per sq foot).
The average size of a house on SCULTHORPE CLOSE is 105 sq meters (1,138 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Stamford Road |
Jul 2024 | Public order | Local resolution | On or near A6003 |
Jun 2024 | Violence and sexual offences | Under investigation | On or near A6003 |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Claresholm Crescent |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Banff Close |