£796,855
This estimated value is based upon the latest sale price for the house of £799,000 on 11 Aug 2022. This value is then adjusted by the current Official House Price Index for RUTLAND 1
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| Price Paid | Date |
|---|---|
| £799,000 | 11 Aug 2022 |
| Detached |
| 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 2022 the House Price Index for RUTLAND was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £799,000 results in an estimated price of approximately £796,855.
| 11 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £799,000 | £-2,144 | £796,855 |
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 | -11.012 % | £-87,982 | £711,017 |
| 3 Month Average | 43.858 % | £350,422 | £1,149,422 |
| 6 Month Average | 22.810 % | £182,254 | £981,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £1,034,046 | £1,025,000 | HERDWICK BARN BACK LANE |
| 23 Jun 2023 | £379,598 | £375,000 | SMITHS COTTAGE, 13 WILLOUGHBY ROAD |
| 20 Jun 2023 | £546,621 | £540,000 | THE OLD SCHOOL HOUSE SCHOOL LANE |
| 6 Apr 2023 | £1,172,626 | £1,160,000 | JACOB BARN BACK LANE |
| 10 Mar 2023 | £328,142 | £325,050 | 11 STATION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near High Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mount Pleasant Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Willoughby Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wing Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wing Road |