£241,190
This estimated value is based upon the latest sale price for the house of £196,000 on 13 Aug 2019. 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 Chestnut Way
More crime details
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| Price Paid | Date |
|---|---|
| £196,000 | 13 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for LEICESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £196,000 results in an estimated price of approximately £241,190.
| 13 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £196,000 | £45,190 | £241,190 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 21.277 % | £41,703 | £237,703 |
| 3 Month Average | 0.443 % | £868 | £196,868 |
| 6 Month Average | 11.510 % | £22,559 | £218,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £279,897 | £275,000 | 2 RIBBLE WAY |
| 5 Sep 2023 | £557,123 | £550,000 | 9 WARWICK ROAD |
| 5 Jun 2023 | £541,560 | £535,000 | 9 HAMILTON DRIVE |
| 6 Jul 2022 | £787,119 | £785,000 | 3 HAMILTON PLACE |
| 25 Feb 2022 | £207,642 | £198,000 | 2 WELLAND RISE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 23 Nov 2018. Using an estimated price of £241,191 means this house is valued at £2,411 per sq meter (£224 per sq foot).
There is one other house on the street which we know the size of, this is 7 CHESTNUT WAY it is 80.38
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Chestnut Way |
| Mar 2024 | Burglary | Under investigation | On or near B6047 |
| Feb 2024 | Public order | Under investigation | On or near Welland Rise |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welland Rise |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dalby Road |