£358,366
This estimated value is based upon the latest sale price for the house of £218,000 on 12 Sep 2013. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 12 Sep 2013 |
| £79,950 | 26 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2013 the House Price Index for LEICESTERSHIRE was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £218,000 results in an estimated price of approximately £358,366.
| 12 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £218,000 | £140,366 | £358,366 |
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 | 45.841 % | £99,934 | £317,934 |
| 3 Month Average | 61.065 % | £133,121 | £351,121 |
| 6 Month Average | 75.766 % | £165,168 | £383,168 |
| 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 100 sq meters or 1,076 sq feet when measured on 22 Apr 2013. Using an estimated price of £358,366 means this house is valued at £3,583 per sq meter (£332 per sq foot).
The average size of a house on THE RIDGEWAY is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near The Ridgeway |
| Apr 2024 | Anti-social behaviour | On or near Oak Close | |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Oak Close |
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Oak Close |
| Apr 2024 | Anti-social behaviour | On or near Oak Close |