£281,128
This estimated value is based upon the latest sale price for the house of £225,000 on 13 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Oak Close
More crime details
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Price Paid | Date |
---|---|
£225,000 | 13 Feb 2018 |
£59,950 | 22 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2018 the House Price Index for LEICESTERSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £225,000 results in an estimated price of approximately £281,128.
13 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £225,000 | £56,128 | £281,128 |
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 | 40.732 % | £91,646 | £316,646 |
3 Month Average | 21.910 % | £49,298 | £274,298 |
6 Month Average | 24.296 % | £54,666 | £279,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £532,162 | £525,000 | 37 THE RIDGEWAY |
24 Jan 2023 | £258,781 | £260,000 | 77 ARDEN WAY |
21 Nov 2022 | £238,116 | £241,000 | 3 LINCOLN COURT |
19 Aug 2022 | £465,746 | £467,000 | 33 THE RIDGEWAY |
22 Jul 2022 | £218,588 | £218,000 | 7 LINCOLN COURT |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 21 Jul 2017. Using an estimated price of £281,129 means this house is valued at £2,898 per sq meter (£269 per sq foot).
The average size of a house on ARDEN WAY is 105 sq meters (1,137 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Oak Close |
Apr 2024 | Public order | Under investigation | On or near Oak Close |
Apr 2024 | Anti-social behaviour | On or near Oak Close | |
Apr 2024 | Burglary | Unable to prosecute suspect | On or near Oak Close |
Apr 2024 | Anti-social behaviour | On or near Oak Close |