£396,795
This estimated value is based upon the latest sale price for the house of £400,000 on 7 Sep 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £400,000 | 7 Sep 2022 |
| £190,000 | 28 May 2010 |
| £185,000 | 4 Apr 2008 |
| £82,000 | 22 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 758 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 September 2022 the House Price Index for LEICESTER was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £400,000 results in an estimated price of approximately £396,795.
| 7 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £400,000 | £-3,204 | £396,795 |
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 | -34.756 % | £-139,025 | £260,974 |
| 3 Month Average | -12.829 % | £-51,314 | £348,685 |
| 6 Month Average | -5.493 % | £-21,972 | £378,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £427,479 | £420,000 | 17 WOODNEWTON DRIVE |
| 23 Aug 2023 | £317,780 | £315,000 | 41 WOODNEWTON DRIVE |
| 14 Jul 2023 | £417,621 | £412,000 | 11 WOODNEWTON DRIVE |
| 3 Mar 2023 | £206,950 | £205,000 | 25 WOODNEWTON DRIVE |
| 7 Sep 2022 | £396,796 | £400,000 | 14 CHORLEY WOOD ROAD |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 3 Feb 2010. Using an estimated price of £396,796 means this house is valued at £5,628 per sq meter (£522 per sq foot).
The average size of a house on CHORLEY WOOD ROAD is 116 sq meters (1,254 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (758 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Chorley Wood Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chorley Wood Road |
| Feb 2024 | Public order | Under investigation | On or near Chorley Wood Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chorley Wood Road |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |