£1,533,465
This estimated value is based upon the latest sale price for the house of £1,240,000 on 28 Apr 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,240,000 | 28 Apr 2020 |
| £201,250 | 9 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 457 sq meters or 4,919 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 April 2020 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,533,465.
| 28 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £1,240,000 | £293,465 | £1,533,465 |
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 | 38.862 % | £481,888 | £1,721,888 |
| 3 Month Average | 3.077 % | £38,156 | £1,278,156 |
| 6 Month Average | 11.506 % | £142,674 | £1,382,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £325,769 | £317,500 | 6 BELLFIELDS LANE |
| 6 Apr 2023 | £833,082 | £817,500 | 127 SCOTLAND ROAD |
| 6 Apr 2023 | £1,630,497 | £1,600,000 | 11 RECTORY LANE |
| 28 Feb 2023 | £327,186 | £325,000 | 7 LAUNDE PARK |
| 20 Jun 2022 | £243,199 | £238,000 | 31 BELLFIELDS STREET |
This house has a floor area of 457 sq meters or 4,919 sq feet when measured on 29 Jan 2019. Using an estimated price of £1,533,466 means this house is valued at £3,355 per sq meter (£311 per sq foot).
The average size of a house on SCOTLAND ROAD is 133 sq meters (1,437 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Launde Park |
| Jun 2024 | Other theft | Under investigation | On or near Launde Park |
| May 2024 | Theft from the person | Under investigation | On or near Rectory Lane |
| Jul 2024 | Anti-social behaviour | On or near Bellfields Lane | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Jordan Close |