£367,353
This estimated value is based upon the latest sale price for the house of £305,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£305,000 | 16 Mar 2020 |
£180,000 | 23 Sep 2005 |
Semi-Detached |
Freehold |
Floor Area: 127 sq meters or 1,367 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in March 2020 the House Price Index for LEICESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £305,000 results in an estimated price of approximately £367,353.
16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £305,000 | £62,353 | £367,353 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | -0.358 % | £-1,091 | £303,908 |
3 Month Average | 8.928 % | £27,230 | £332,230 |
6 Month Average | 16.529 % | £50,414 | £355,414 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £427,479 | £420,000 | 17 WOODNEWTON DRIVE |
13 Dec 2023 | £188,295 | £185,000 | 10 WELLAND VALE ROAD |
23 Aug 2023 | £317,780 | £315,000 | 41 WOODNEWTON DRIVE |
17 Aug 2023 | £317,780 | £315,000 | 1 KINGSBURY AVENUE |
14 Jul 2023 | £417,621 | £412,000 | 11 WOODNEWTON DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 6 Sep 2019. Using an estimated price of £367,353 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on WOODNEWTON DRIVE is 113 sq meters (1,222 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Chorley Wood Road |
Mar 2024 | Public order | Under investigation | On or near Chorley Wood Road |
Feb 2024 | Public order | Under investigation | On or near Chorley Wood Road |