£329,804
This estimated value is based upon the latest sale price for the house of £195,000 on 21 Apr 2011. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £195,000 | 21 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2011 the House Price Index for RUTLAND was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £195,000 results in an estimated price of approximately £329,804.
| 21 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £195,000 | £134,804 | £329,804 |
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 | 59.232 % | £115,501 | £310,501 |
| 3 Month Average | 93.162 % | £181,666 | £376,666 |
| 6 Month Average | 64.230 % | £125,249 | £320,249 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 14 Jul 2016.
The average size of a house on CHATER ROAD is 136 sq meters (1,474 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Welland Way | |
| Jan 2024 | Anti-social behaviour | On or near Welland Way | |
| Jan 2024 | Anti-social behaviour | On or near Welland Way | |
| Feb 2024 | Criminal damage and arson | Local resolution | On or near Tyne Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sandringham Close |