£249,663
This estimated value is based upon the latest sale price for the house of £145,000 on 1 Mar 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 1 Mar 2012 |
| £149,950 | 11 Dec 2009 |
| £148,500 | 31 Mar 2006 |
| £56,000 | 9 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 963 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 March 2012 the House Price Index for LEICESTERSHIRE was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £145,000 results in an estimated price of approximately £249,663.
| 1 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £145,000 | £104,663 | £249,663 |
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 | 31.742 % | £46,025 | £191,025 |
| 3 Month Average | 71.314 % | £103,405 | £248,405 |
| 6 Month Average | 57.706 % | £83,674 | £228,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £472,004 | £457,500 | 29 LOWER PACKINGTON ROAD |
| 1 Dec 2023 | £204,277 | £198,000 | 18 TUDOR CLOSE |
| 12 Oct 2023 | £388,831 | £380,000 | 13 LOWER PACKINGTON ROAD |
| 25 Aug 2023 | £346,245 | £340,000 | 33 LOWER PACKINGTON ROAD |
| 17 Feb 2023 | £453,026 | £450,000 | 65 LOWER PACKINGTON ROAD |
This house has a floor area of 89 sq meters or 963 sq feet when measured on 5 Aug 2009. Using an estimated price of £249,663 means this house is valued at £2,789 per sq meter (£259 per sq foot).
There is one other house on the street which we know the size of, this is 1 SPINNEY CLOSE it is 87.34
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Spinney Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Spinney Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Spinney Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spinney Close |