£508,635
This estimated value is based upon the latest sale price for the house of £397,500 on 3 Mar 2017. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £397,500 | 3 Mar 2017 |
| £320,000 | 2 Jul 2007 |
| £248,000 | 17 Nov 2003 |
| £139,950 | 19 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,156 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 March 2017 the House Price Index for RUTLAND was 114.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.959%.Applying this 27.959% change to the original purchase price of £397,500 results in an estimated price of approximately £508,635.
| 3 Mar 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 146.7 | 27.959 % | £397,500 | £111,135 | £508,635 |
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 | 13.362 % | £53,112 | £450,612 |
| 3 Month Average | 63.973 % | £254,291 | £651,791 |
| 6 Month Average | 39.910 % | £158,642 | £556,142 |
This house has a floor area of 107 sq meters or 1,156 sq feet when measured on 23 Jan 2009.
The average size of a house on SUTHERN CLOSE is 142 sq meters (1,535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schofield Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashfield |
| Feb 2024 | Public order | Local resolution | On or near Withers Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunnyfield |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Road |