£554,248
This estimated value is based upon the latest sale price for the house of £398,000 on 26 Nov 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £398,000 | 26 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2015 the House Price Index for LEICESTERSHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £398,000 results in an estimated price of approximately £554,248.
| 26 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £398,000 | £156,248 | £554,248 |
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 | 15.464 % | £61,547 | £459,547 |
| 3 Month Average | 42.423 % | £168,843 | £566,843 |
| 6 Month Average | 39.139 % | £155,773 | £553,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £242,118 | £240,000 | 10 RUGBY CLOSE |
| 14 Jul 2023 | £542,299 | £535,000 | 129 COVENTRY ROAD |
| 28 Jun 2023 | £248,004 | £245,000 | 27 RUGBY CLOSE |
| 27 Jun 2023 | £455,518 | £450,000 | 128 COVENTRY ROAD |
| 29 Mar 2022 | £378,236 | £365,000 | 207 WELLAND PARK ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 13 Sep 2014. Using an estimated price of £554,249 means this house is valued at £5,834 per sq meter (£542 per sq foot).
The average size of a house on FARNDON ROAD is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skippon Close |
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Skippon Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Skippon Close |