£202,291
This estimated value is based upon the latest sale price for the house of £179,995 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for RUTLAND 1
There has been one burglary within the last year on or near Farrer Way
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| Price Paid | Date |
|---|---|
| £179,995 | 27 Aug 2021 |
| £160,000 | 31 May 2017 |
| Flats/Maisonettes |
| Freehold |
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 August 2021 the House Price Index for RUTLAND was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £179,995 results in an estimated price of approximately £202,291.
| 27 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £179,995 | £22,296 | £202,291 |
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 | 14.526 % | £26,145 | £206,140 |
| 3 Month Average | 5.784 % | £10,410 | £190,405 |
| 6 Month Average | 15.891 % | £28,602 | £208,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £226,974 | £220,000 | 17 HETTERLEY DRIVE |
| 24 Feb 2023 | £327,186 | £325,000 | 12 GRETTON STREET |
| 17 Oct 2022 | £345,845 | £347,000 | 10 BROCKLEBANK ROAD |
| 23 Sep 2022 | £302,298 | £302,500 | 4 BROCKLEBANK ROAD |
| 19 Aug 2022 | £180,846 | £180,000 | 28 GRETTON STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Farrer Way | |
| Jul 2024 | Burglary | Under investigation | On or near Farrer Way |
| May 2024 | Violence and sexual offences | Under investigation | On or near Farrer Way |
| Jul 2024 | Anti-social behaviour | On or near Hetterley Drive | |
| May 2024 | Anti-social behaviour | On or near Hetterley Drive |