£385,645
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Farndale View
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| Price Paid | Date |
|---|---|
| £245,000 | 14 Mar 2014 |
| £223,000 | 28 Jul 2011 |
| £192,500 | 4 Jul 2003 |
| £91,200 | 20 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,149 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 March 2014 the House Price Index for LEICESTERSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £245,000 results in an estimated price of approximately £385,645.
| 14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £245,000 | £140,645 | £385,645 |
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 | 43.621 % | £106,872 | £351,872 |
| 3 Month Average | 51.963 % | £127,309 | £372,309 |
| 6 Month Average | 61.434 % | £150,512 | £395,512 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £609,016 | £600,000 | 14 MILLERS GARDENS |
| 30 Aug 2023 | £1,210,591 | £1,200,000 | 103 LUBENHAM HILL |
| 27 Jun 2022 | £428,049 | £422,000 | 48 LUBENHAM HILL |
| 30 Jun 2021 | £290,762 | £271,000 | 21 RHODES CLOSE |
| 18 Jun 2021 | £477,451 | £445,000 | 57 LUBENHAM HILL |
This house has a floor area of 106 sq meters or 1,149 sq feet when measured on 13 Jun 2011. Using an estimated price of £385,645 means this house is valued at £3,610 per sq meter (£335 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Farndale View |
| Apr 2024 | Burglary | Under investigation | On or near Hill Top Close |
| Apr 2024 | Anti-social behaviour | On or near The Firs | |
| Apr 2024 | Burglary | Under investigation | On or near The Pastures |
| Apr 2024 | Anti-social behaviour | On or near Harvest Road |