£599,882
This estimated value is based upon the latest sale price for the house of £495,000 on 8 Apr 2020. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £495,000 | 8 Apr 2020 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 April 2020 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 21.188%.Applying this 21.188% change to the original purchase price of £495,000 results in an estimated price of approximately £599,882.
| 8 Apr 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.188 % | £495,000 | £104,882 | £599,882 |
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 | 31.308 % | £154,976 | £649,976 |
| 3 Month Average | 54.434 % | £269,448 | £764,448 |
| 6 Month Average | 30.032 % | £148,659 | £643,659 |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 12 Nov 2018.
There is one other house on the street which we know the size of, this is 5 BANFF CLOSE it is 82.0
| 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 |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Bull Lane | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bull Lane |