£294,690
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£225,000 | 27 Feb 2017 |
Detached |
Freehold |
Floor Area: 143 sq meters or 1,539 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 February 2017 the House Price Index for LEICESTERSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £225,000 results in an estimated price of approximately £294,690.
27 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £225,000 | £69,690 | £294,690 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 17.925 % | £40,332 | £265,332 |
3 Month Average | 37.449 % | £84,260 | £309,260 |
6 Month Average | 31.937 % | £71,857 | £296,857 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £216,403 | £212,500 | 171 MELBOURNE ROAD |
6 Jan 2023 | £320,857 | £320,000 | 1 PIKE CROFT CLOSE |
25 Feb 2022 | £206,009 | £195,000 | 70 THORNDALE |
30 Sep 2021 | £244,253 | £225,000 | 76 THORNDALE |
13 Aug 2021 | £219,155 | £195,000 | 62 THORNDALE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 22 Mar 2013. Using an estimated price of £294,690 means this house is valued at £2,060 per sq meter (£191 per sq foot).
The average size of a house on MELBOURNE ROAD is 102 sq meters (1,103 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Wildgoose Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Wildgoose Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near West Walk |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Slaybarns Way |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Slaybarns Way |