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The average property value in Rutland is £415,486 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Rutland grew by £67,395. Compare house prices by area
Average property prices in Rutland grew by 19.4% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 4.4% per year.
If prices in Rutland continue to rise by 4.4% a year, the average property price will be £493,989 in 2025.
There were 595 property sales in Rutland in the year ending June 2021, an increase of 28 when compared to the previous year.
The average price for a house in Rutland ranges from £298,579 for a terraced house to £539,403 for a detached house, with semi-detached costing on average £281,362.
The average price for a flat or maisonette in Rutland is £178,102.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Rutland, terraced house prices have risen the most between the years ending 2011 and 2021, and semi-detached house prices have grown the least.
Detached house prices have risen 50.8% from £357,670 to £539,403, semi-detached house prices have risen 40.3% from £200,520 to £281,362, terraced house prices have risen 80.4% from £165,499 to £298,579, and flat prices have risen 49.5% from £119,141 to £178,102.
The most common type of property sold in Rutland during the year ending June 2021 was detached houses, which accounted for 52.6% of properties.
The least commonly available type of property sold in Rutland were flats, which account for 5.0% of properties sold.
Of the properties sold in Rutland during 2021, 0.0% were new build properties.
Rental Market of Rutland
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The most common price band for property sales in Rutland is £200k - £300k, which accounted for 21.2% of properties sold in 2021.
2.7% of properties in Rutland had a price over £1 million. For comparison, in England, 2.1% of property sales were priced at over £1 million.
The cheapest properties in Rutland were in the £100k - £150k price bracket, accounting for 2.9% of sales.
Rank | Area | Average property price | YoY change in price |
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Rank | Area | Average Property Price | YoY CHANGE in PRICE |
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Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics