£363,323
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £300,000 | 18 Dec 2019 |
| £190,000 | 24 Jul 2015 |
| £81,000 | 4 May 1999 |
| £50,000 | 30 Mar 1995 |
| 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 December 2019 the House Price Index for RUTLAND was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £300,000 results in an estimated price of approximately £363,323.
| 18 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £300,000 | £63,323 | £363,323 |
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 | -2.195 % | £-6,584 | £293,415 |
| 3 Month Average | 52.990 % | £158,970 | £458,970 |
| 6 Month Average | 30.661 % | £91,982 | £391,982 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 25 Oct 2013.
The average size of a house on REDLAND ROAD is 110 sq meters (1,188 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cold Overton Road |
| Feb 2024 | Burglary | Under investigation | On or near Chiltern Close |
| Mar 2024 | Burglary | Under investigation | On or near Snowdon Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleridge Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Mendip Road |