£231,717
This estimated value is based upon the latest sale price for the house of £173,500 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£173,500 | 3 Jun 2016 |
Detached |
Freehold |
Floor Area: 67 sq meters or 721 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 June 2016 the House Price Index for LEICESTERSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £173,500 results in an estimated price of approximately £231,717.
3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £173,500 | £58,217 | £231,717 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 13.764 % | £23,880 | £197,380 |
3 Month Average | 17.048 % | £29,579 | £203,079 |
6 Month Average | 33.297 % | £57,771 | £231,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £283,433 | £280,000 | 112 WELFORD ROAD |
5 Jan 2023 | £313,523 | £315,000 | 5 KILBY DRIVE |
14 Nov 2022 | £266,769 | £270,000 | 20 HARCOURT ROAD |
9 Sep 2022 | £406,716 | £410,000 | 12 COTTAGE ROAD |
31 Aug 2022 | £349,060 | £350,000 | 40 STANHOPE ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 18 Oct 2015. Using an estimated price of £231,718 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on KILBY DRIVE is 116 sq meters (1,253 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottams Close |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitegates Field |