£378,591
This estimated value is based upon the latest sale price for the house of £285,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Stamford Close
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| Price Paid | Date |
|---|---|
| £285,000 | 16 Sep 2016 |
| £187,500 | 15 Jul 2011 |
| £190,000 | 1 Apr 2008 |
| £99,000 | 26 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 985 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 2016 the House Price Index for LEICESTERSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £285,000 results in an estimated price of approximately £378,591.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £285,000 | £93,591 | £378,591 |
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 | 39.521 % | £112,634 | £397,634 |
| 3 Month Average | 26.468 % | £75,434 | £360,434 |
| 6 Month Average | 36.510 % | £104,053 | £389,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £395,861 | £390,000 | 48 NITHSDALE AVENUE |
| 20 Sep 2023 | £338,832 | £334,500 | 16 WELLAND PARK ROAD |
| 27 Mar 2023 | £363,424 | £360,000 | 31 NITHSDALE AVENUE |
| 6 Jan 2023 | £338,406 | £340,000 | 29 NITHSDALE AVENUE |
| 25 Nov 2021 | £340,677 | £315,000 | 4 WELLAND PARK ROAD |
This house has a floor area of 91 sq meters or 985 sq feet when measured on 21 Apr 2011. Using an estimated price of £378,591 means this house is valued at £4,136 per sq meter (£384 per sq foot).
The average size of a house on WELLAND PARK ROAD is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stamford Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stamford Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |