£494,467
This estimated value is based upon the latest sale price for the house of £397,500 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £397,500 | 1 Jun 2018 |
| £385,000 | 7 Oct 2016 |
| £105,000 | 29 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in June 2018 the House Price Index for LEICESTERSHIRE was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £397,500 results in an estimated price of approximately £494,467.
| 1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £397,500 | £96,967 | £494,467 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 16.305 % | £64,814 | £462,314 |
| 3 Month Average | 15.362 % | £61,065 | £458,565 |
| 6 Month Average | 23.957 % | £95,229 | £492,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £498,879 | £492,500 | 11 RYDAL GARDENS |
| 31 Jul 2023 | £400,389 | £395,000 | 1 LOWESWATER GROVE |
| 4 Jul 2022 | £357,964 | £357,000 | 2 THIRLMERE GARDENS |
| 17 May 2022 | £311,877 | £306,000 | 2 LOWESWATER GROVE |
| 14 Apr 2022 | £365,579 | £355,000 | 10 WREKIN CLOSE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 9 Mar 2016. Using an estimated price of £494,467 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on CHAPMANS MEADOWS is 129 sq meters (1,395 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapmans Meadows |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wrekin Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ulleswater Crescent |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Ulleswater Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltern Rise |