£262,035
This estimated value is based upon the latest sale price for the house of £138,000 on 15 Oct 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£138,000 | 15 Oct 2004 |
£42,500 | 31 May 2001 |
£56,055 | 25 Mar 1997 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 October 2004 the House Price Index for LEICESTERSHIRE was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £138,000 results in an estimated price of approximately £262,035.
15 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £138,000 | £124,035 | £262,035 |
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 | 46.436 % | £64,081 | £202,081 |
3 Month Average | 75.633 % | £104,373 | £242,373 |
6 Month Average | 82.923 % | £114,433 | £252,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £254,452 | £250,000 | 14 PETWORTH DRIVE |
24 Nov 2023 | £436,462 | £430,000 | 6 REDLICH CLOSE |
1 Sep 2023 | £255,770 | £252,500 | 19 PETWORTH DRIVE |
11 Feb 2022 | £414,234 | £395,000 | 17 CHATSWORTH DRIVE |
10 Dec 2021 | £380,339 | £355,000 | 7 DUNSLADE CLOSE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Feb 2009. Using an estimated price of £262,036 means this house is valued at £3,853 per sq meter (£357 per sq foot).
The average size of a house on PETWORTH DRIVE is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petworth Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlongs |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Woburn Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woburn Close |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Woburn Close |