£272,478
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Jun 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 26 Jun 2020 |
| £218,000 | 26 Jun 2020 |
| £177,000 | 7 Aug 2015 |
| £150,000 | 22 Jun 2007 |
| £129,000 | 30 Apr 2004 |
| £66,500 | 13 Jul 2001 |
| £40,000 | 18 Dec 1998 |
| £42,500 | 31 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 June 2020 the House Price Index for LEICESTERSHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £225,000 results in an estimated price of approximately £272,478.
| 26 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £225,000 | £47,478 | £272,478 |
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 | 2.374 % | £5,341 | £230,341 |
| 3 Month Average | 10.872 % | £24,462 | £249,462 |
| 6 Month Average | 18.735 % | £42,153 | £267,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £826,398 | £817,500 | 127 SCOTLAND ROAD |
| 28 Feb 2023 | £324,781 | £325,000 | 7 LAUNDE PARK |
| 31 Oct 2022 | £247,337 | £250,000 | 39 LAUNDE PARK |
| 20 Jun 2022 | £241,412 | £238,000 | 31 BELLFIELDS STREET |
| 17 Mar 2022 | £284,972 | £275,000 | 8 BELLFIELDS STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 27 Jan 2020. Using an estimated price of £272,478 means this house is valued at £3,948 per sq meter (£366 per sq foot).
The average size of a house on LAUNDE PARK is 69 sq meters (742 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Formal action is not in the public interest | On or near Scotland Road |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |