£569,565
This estimated value is based upon the latest sale price for the house of £363,500 on 8 Feb 2008. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Farndale View
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| Price Paid | Date |
|---|---|
| £363,500 | 8 Feb 2008 |
| £367,000 | 19 Jul 2007 |
| £176,000 | 28 Apr 2000 |
| Detached |
| Freehold |
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 February 2008 the House Price Index for LEICESTERSHIRE was 94.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.689%.Applying this 56.689% change to the original purchase price of £363,500 results in an estimated price of approximately £569,565.
| 8 Feb 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.6 | 56.689 % | £363,500 | £206,065 | £569,565 |
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 | 48.119 % | £174,912 | £538,412 |
| 3 Month Average | 55.980 % | £203,488 | £566,988 |
| 6 Month Average | 58.202 % | £211,564 | £575,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £609,016 | £600,000 | 14 MILLERS GARDENS |
| 5 Aug 2022 | £438,819 | £440,000 | 2 HARVEST ROAD |
| 30 Jun 2021 | £290,762 | £271,000 | 21 RHODES CLOSE |
| 11 Jun 2021 | £564,358 | £526,000 | 19 FARNDALE VIEW |
| 24 Mar 2021 | £528,727 | £475,000 | 65 LUBENHAM HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Farndale View |
| Apr 2024 | Burglary | Under investigation | On or near Hill Top Close |
| Apr 2024 | Anti-social behaviour | On or near Harvest Road | |
| Jan 2024 | Other theft | Under investigation | On or near Harvest Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Grove |