£113,845
This estimated value is based upon the latest sale price for the house of £62,000 on 10 Jul 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £62,000 | 10 Jul 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 582 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 July 2009 the House Price Index for LEICESTERSHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £62,000 results in an estimated price of approximately £113,845.
| 10 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £62,000 | £51,845 | £113,845 |
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 | 169.528 % | £105,107 | £167,107 |
| 3 Month Average | 71.976 % | £44,624 | £106,624 |
| 6 Month Average | 84.595 % | £52,448 | £114,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £327,847 | £325,000 | FLAT 51 MAXWELL LODGE NORTHAMPTON ROAD |
| 14 Dec 2023 | £170,231 | £165,000 | FLAT 46 MAXWELL LODGE NORTHAMPTON ROAD |
| 30 Nov 2023 | £400,158 | £390,000 | 48 NITHSDALE AVENUE |
| 27 Mar 2023 | £366,114 | £360,000 | 31 NITHSDALE AVENUE |
| 6 Jan 2023 | £340,911 | £340,000 | 29 NITHSDALE AVENUE |
This house has a floor area of 54 sq meters or 582 sq feet when measured on 7 Oct 2008. Using an estimated price of £113,846 means this house is valued at £2,105 per sq meter (£195 per sq foot).
The average size of a house on STAMFORD CLOSE is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Nithsdale Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nithsdale Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Parking Area |