£411,591
This estimated value is based upon the latest sale price for the house of £90,000 on 25 Jan 1999. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£90,000 | 25 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 156 sq meters or 1,688 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 January 1999 the House Price Index for LEICESTERSHIRE was 32.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 357.324%.Applying this 357.324% change to the original purchase price of £90,000 results in an estimated price of approximately £411,591.
25 Jan 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.7 | 149.7 | 357.324 % | £90,000 | £321,591 | £411,591 |
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 | 450.621 % | £405,558 | £495,558 |
3 Month Average | 282.723 % | £254,450 | £344,450 |
6 Month Average | 322.732 % | £290,458 | £380,458 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £244,408 | £240,000 | 10 RUGBY CLOSE |
28 Jun 2023 | £250,010 | £245,000 | 27 RUGBY CLOSE |
27 Jun 2023 | £459,202 | £450,000 | 128 COVENTRY ROAD |
27 Jun 2022 | £337,208 | £330,000 | 19 SUMMERS WAY |
6 Jun 2022 | £372,973 | £365,000 | 18 SUMMERS WAY |
This house has a floor area of 156 sq meters or 1,688 sq feet when measured on 27 Jul 2011. Using an estimated price of £411,592 means this house is valued at £2,623 per sq meter (£243 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 |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Drive |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elm Drive |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Drive |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Parking Area |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |