£510,626
This estimated value is based upon the latest sale price for the house of £273,000 on 27 Mar 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£273,000 | 27 Mar 2009 |
£197,950 | 23 May 2000 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 March 2009 the House Price Index for LEICESTERSHIRE was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £273,000 results in an estimated price of approximately £510,626.
27 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.0 | 149.7 | 87.043 % | £273,000 | £237,626 | £510,626 |
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 | 145.416 % | £396,984 | £669,984 |
3 Month Average | 62.702 % | £171,177 | £444,177 |
6 Month Average | 77.336 % | £211,127 | £484,127 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £615,627 | £600,000 | 14 MILLERS GARDENS |
30 Aug 2023 | £1,222,041 | £1,200,000 | 103 LUBENHAM HILL |
30 Jun 2021 | £292,915 | £271,000 | 21 RHODES CLOSE |
18 Jun 2021 | £480,986 | £445,000 | 57 LUBENHAM HILL |
11 Jun 2021 | £568,536 | £526,000 | 19 FARNDALE VIEW |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 28 Apr 2013. Using an estimated price of £510,627 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on FARNDALE VIEW is 165 sq meters (1,776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rhodes Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Top Close |
Jul 2024 | Anti-social behaviour | On or near Willow Crescent | |
Jul 2024 | Bicycle theft | Under investigation | On or near Florence Grove |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Florence Grove |