£239,148
This estimated value is based upon the latest sale price for the house of £177,450 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £177,450 | 5 Feb 2016 |
| £149,000 | 2 May 2013 |
| £150,000 | 14 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2016 the House Price Index for RUTLAND was 108.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 34.770%.Applying this 34.770% change to the original purchase price of £177,450 results in an estimated price of approximately £239,148.
| 5 Feb 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 146.7 | 34.770 % | £177,450 | £61,698 | £239,148 |
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 | 44.853 % | £79,592 | £257,042 |
| 3 Month Average | 67.726 % | £120,180 | £297,630 |
| 6 Month Average | 44.607 % | £79,154 | £256,604 |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 21 May 2020.
The average size of a house on SPRINGFIELD WAY is 87 sq meters (947 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashfield |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunnyfield |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schofield Road |
| Feb 2024 | Public order | Local resolution | On or near Withers Close |
| Mar 2024 | Burglary | Under investigation | On or near Plover Close |