£269,398
This estimated value is based upon the latest sale price for the house of £250,000 on 21 Sep 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 21 Sep 2021 |
| £80,000 | 28 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 September 2021 the House Price Index for LEICESTERSHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £250,000 results in an estimated price of approximately £269,398.
| 21 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £250,000 | £19,398 | £269,398 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -9.798 % | £-24,495 | £225,504 |
| 3 Month Average | 1.323 % | £3,306 | £253,306 |
| 6 Month Average | 1.783 % | £4,457 | £254,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £253,065 | £250,000 | 12 COOKSON PLACE |
| 12 Jan 2023 | £338,406 | £340,000 | 14 STEWART DRIVE |
| 25 Mar 2022 | £105,699 | £102,000 | 47 DE MONTFORT CLOSE |
| 18 Mar 2022 | £222,796 | £215,000 | 32 STEWART DRIVE |
| 9 Mar 2022 | £103,626 | £100,000 | 53 DE MONTFORT CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Sep 2021. Using an estimated price of £269,398 means this house is valued at £3,132 per sq meter (£291 per sq foot).
The average size of a house on COOKSON PLACE is 112 sq meters (1,206 sq feet).