£264,449
This estimated value is based upon the latest sale price for the house of £156,000 on 14 Feb 2011. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £156,000 | 14 Feb 2011 |
| £120,000 | 29 Sep 2006 |
| £60,000 | 24 Aug 2001 |
| £49,500 | 7 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 98 sq meters or 1,059 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 February 2011 the House Price Index for RUTLAND was 86.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.519%.Applying this 69.519% change to the original purchase price of £156,000 results in an estimated price of approximately £264,449.
| 14 Feb 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 146.7 | 69.519 % | £156,000 | £108,449 | £264,449 |
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 | 26.568 % | £41,445 | £197,445 |
| 3 Month Average | 86.736 % | £135,308 | £291,308 |
| 6 Month Average | 65.659 % | £102,428 | £258,428 |
This house has a floor area of 98 sq meters or 1,059 sq feet when measured on 23 Feb 2011.
The average size of a house on PARK LANE is 80 sq meters (863 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jan 2024 | Drugs | On or near Oakham (Station) | |
| Jan 2024 | Drugs | On or near Oakham (Station) |