£212,727
This estimated value is based upon the latest sale price for the house of £124,000 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £124,000 | 7 Sep 2012 |
| £119,950 | 28 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 620 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 September 2012 the House Price Index for LEICESTERSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £124,000 results in an estimated price of approximately £212,727.
| 7 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.554 % | £124,000 | £88,727 | £212,727 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 56.536 % | £70,104 | £194,104 |
| 3 Month Average | 85.604 % | £106,148 | £230,148 |
| 6 Month Average | 60.861 % | £75,467 | £199,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £170,369 | £166,500 | KAURI COTTAGE PARK ROAD |
| 27 Oct 2023 | £238,415 | £233,000 | 55 DREW COURT |
| 10 Mar 2023 | £238,991 | £235,000 | 10 ASH DRIVE |
| 2 Sep 2022 | £199,866 | £200,000 | 18 MEREDITH ROAD |
| 27 May 2022 | £205,350 | £200,000 | 51 DREW COURT |
This house has a floor area of 57 sq meters or 620 sq feet when measured on 19 May 2009. Using an estimated price of £212,727 means this house is valued at £3,689 per sq meter (£342 per sq foot).
The average size of a house on MEREDITH ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ash Drive |
| Jul 2024 | Public order | Under investigation | On or near Ash Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ash Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ash Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ash Drive |