£427,147
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Aug 2014 |
| £91,000 | 17 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 2014 the House Price Index for LEICESTERSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £280,000 results in an estimated price of approximately £427,147.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £280,000 | £147,147 | £427,147 |
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 | 28.498 % | £79,794 | £359,794 |
| 3 Month Average | 54.601 % | £152,882 | £432,882 |
| 6 Month Average | 35.211 % | £98,590 | £378,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £378,599 | £370,000 | 4 CANTERBURY DRIVE |
| 24 Aug 2023 | £392,071 | £385,000 | 52 MARLBOROUGH WAY |
| 17 Aug 2023 | £560,102 | £550,000 | 1 CANTERBURY DRIVE |
| 18 Aug 2022 | £396,856 | £395,000 | 2 DOWNSIDE DRIVE |
| 29 Jul 2022 | £464,656 | £460,000 | 1 BENENDEN WAY |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 16 Oct 2013. Using an estimated price of £427,148 means this house is valued at £3,211 per sq meter (£298 per sq foot).
There is one other house on the street which we know the size of, this is 5 BENENDEN WAY it is 104.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Drive |
| Jun 2024 | Anti-social behaviour | On or near Oakham Grove | |
| Jun 2024 | Anti-social behaviour | On or near Oakham Grove | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakham Grove |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winchester Way |