£404,475
This estimated value is based upon the latest sale price for the house of £220,000 on 22 Jul 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 22 Jul 2005 |
| £195,000 | 29 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 2005 the House Price Index for LEICESTERSHIRE was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £220,000 results in an estimated price of approximately £404,475.
| 22 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £220,000 | £184,475 | £404,475 |
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 | 51.854 % | £114,079 | £334,079 |
| 3 Month Average | 70.511 % | £155,123 | £375,123 |
| 6 Month Average | 86.037 % | £189,281 | £409,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £361,322 | £355,000 | 168 STUART ROAD |
| 22 Nov 2023 | £274,057 | £270,000 | 67 STUART ROAD |
| 29 Sep 2023 | £202,590 | £200,000 | 18 SKIPPON CLOSE |
| 11 Aug 2023 | £242,118 | £240,000 | 10 RUGBY CLOSE |
| 3 Feb 2023 | £232,843 | £233,000 | 9 SKIPPON CLOSE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 2 Oct 2018. Using an estimated price of £404,476 means this house is valued at £2,661 per sq meter (£247 per sq foot).
The average size of a house on FARNDON ROAD is 113 sq meters (1,226 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skippon Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |