£313,708
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 18 Dec 2015 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,224 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 December 2015 the House Price Index for LEICESTERSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £225,000 results in an estimated price of approximately £313,708.
18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £225,000 | £88,708 | £313,708 |
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 | 63.019 % | £141,792 | £366,792 |
3 Month Average | 19.923 % | £44,827 | £269,827 |
6 Month Average | 31.887 % | £71,745 | £296,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £343,041 | £332,500 | 22 FRESHMAN WAY |
13 Dec 2023 | £116,066 | £112,500 | 14 MEDORA CLOSE |
3 Nov 2023 | £338,595 | £330,000 | 7 FRESHMAN WAY |
23 Jun 2023 | £181,640 | £178,000 | 18 FRESHMAN WAY |
24 Mar 2023 | £284,755 | £280,000 | 42 FRESHMAN WAY |
This house has a floor area of 113 sq meters or 1,224 sq feet when measured on 15 Dec 2011. Using an estimated price of £313,708 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on FRESHMAN WAY is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bridegroom Street |
Jun 2024 | Public order | Awaiting court outcome | On or near Medora Close |
Jun 2024 | Public order | Awaiting court outcome | On or near Medora Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medora Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Medora Close |