£492,225
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Aug 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 1 Aug 2019 |
| £375,000 | 29 Jun 2018 |
| £340,000 | 30 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 August 2019 the House Price Index for LEICESTERSHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £400,000 results in an estimated price of approximately £492,225.
| 1 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £400,000 | £92,225 | £492,225 |
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 | 21.760 % | £87,038 | £487,038 |
| 3 Month Average | 2.903 % | £11,613 | £411,613 |
| 6 Month Average | 16.953 % | £67,811 | £467,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £186,633 | £185,000 | 17 RIDGWAY ROAD |
| 3 Feb 2023 | £346,767 | £347,000 | 66 WILLESLEY GARDENS |
| 14 Nov 2022 | £361,620 | £366,000 | 2 WELLS ROAD |
| 23 Aug 2022 | £219,510 | £220,101 | 31 BAKER AVENUE |
| 17 Mar 2022 | £720,202 | £695,000 | 6 WILLESLEY CLOSE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 12 Apr 2018. Using an estimated price of £492,226 means this house is valued at £3,906 per sq meter (£362 per sq foot).
The average size of a house on WILLESLEY ROAD is 196 sq meters (2,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wells Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Road |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bristol Avenue |
| Apr 2024 | Anti-social behaviour | On or near Staley Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Staley Avenue |