£254,283
This estimated value is based upon the latest sale price for the house of £237,000 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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Price Paid | Date |
---|---|
£237,000 | 21 Jun 2021 |
£180,000 | 28 Jun 2013 |
£144,950 | 29 Apr 2004 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 June 2021 the House Price Index for RUTLAND was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £237,000 results in an estimated price of approximately £254,283.
21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £237,000 | £17,283 | £254,283 |
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 | 5.611 % | £13,298 | £250,298 |
3 Month Average | 44.449 % | £105,344 | £342,344 |
6 Month Average | 28.542 % | £67,645 | £304,645 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £441,537 | £435,000 | 1 SCULTHORPE CLOSE |
28 Jun 2023 | £541,560 | £535,000 | 7 LETHBRIDGE CLOSE |
17 Feb 2023 | £287,307 | £287,500 | 7 JASPER ROAD |
1 Feb 2023 | £712,021 | £712,500 | 2 SCULTHORPE CLOSE |
25 Aug 2022 | £296,203 | £297,000 | 10 SCULTHORPE CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Nov 2012. Using an estimated price of £254,283 means this house is valued at £4,384 per sq meter (£407 per sq foot).
The average size of a house on SCULTHORPE CLOSE is 105 sq meters (1,138 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tolethorpe Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Tolethorpe Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near A6003 |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willow Crescent |
Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodland View |