£479,626
This estimated value is based upon the latest sale price for the house of £400,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Fulbeck Avenue
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| Price Paid | Date |
|---|---|
| £400,000 | 21 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in August 2020 the House Price Index for LEICESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £400,000 results in an estimated price of approximately £479,626.
| 21 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £400,000 | £79,626 | £479,626 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 41.248 % | £164,993 | £564,993 |
| 3 Month Average | 9.610 % | £38,438 | £438,438 |
| 6 Month Average | 19.808 % | £79,233 | £479,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £188,295 | £185,000 | 10 WELLAND VALE ROAD |
| 25 Aug 2022 | £433,832 | £435,000 | 21 WELLAND VALE ROAD |
| 21 Apr 2022 | £396,473 | £385,000 | 8 WELLAND VALE ROAD |
| 30 Sep 2021 | £328,666 | £305,000 | 28 WOODNEWTON DRIVE |
| 18 Jun 2021 | £327,242 | £305,000 | 7 ALCESTER DRIVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 13 Jul 2020. Using an estimated price of £479,626 means this house is valued at £4,360 per sq meter (£405 per sq foot).
The average size of a house on ALCESTER DRIVE is 114 sq meters (1,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Fulbeck Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Fulbeck Avenue |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |