£496,267
This estimated value is based upon the latest sale price for the house of £370,000 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£370,000 | 26 Aug 2016 |
£306,000 | 24 Mar 2006 |
£219,950 | 20 Dec 2002 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 August 2016 the House Price Index for LEICESTERSHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £370,000 results in an estimated price of approximately £496,267.
26 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £370,000 | £126,267 | £496,267 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 56.446 % | £208,851 | £578,851 |
3 Month Average | 19.057 % | £70,511 | £440,511 |
6 Month Average | 33.856 % | £125,265 | £495,265 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £446,330 | £435,000 | 8 THE LONGLANDS |
10 Oct 2023 | £393,947 | £385,000 | 58 ASHLEY WAY |
15 Sep 2023 | £434,580 | £425,000 | 64 ASHLEY WAY |
21 Jun 2022 | £360,200 | £352,500 | 20 ASHLEY WAY |
27 May 2022 | £364,496 | £355,000 | 67 ASHLEY WAY |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 Sep 2015. Using an estimated price of £496,267 means this house is valued at £3,544 per sq meter (£329 per sq foot).
The average size of a house on THE LONGLANDS is 171 sq meters (1,847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Longlands |
Jul 2024 | Anti-social behaviour | On or near Ashley Way | |
Apr 2024 | Possession of weapons | Local resolution | On or near Ashley Way |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near David Hobbs Rise |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hagley Close |