£653,084
This estimated value is based upon the latest sale price for the house of £530,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£530,000 | 29 May 2020 |
£490,000 | 15 Jul 2016 |
£249,950 | 19 Jul 2002 |
Detached |
Freehold |
Floor Area: 166 sq meters or 1,786 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 May 2020 the House Price Index for LEICESTERSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £530,000 results in an estimated price of approximately £653,084.
29 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £530,000 | £123,084 | £653,084 |
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 | 79.837 % | £423,138 | £953,138 |
3 Month Average | 5.009 % | £26,549 | £556,549 |
6 Month Average | 11.689 % | £61,950 | £591,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £257,926 | £250,000 | 14 PETWORTH DRIVE |
24 Nov 2023 | £441,199 | £430,000 | 6 REDLICH CLOSE |
1 Sep 2023 | £258,192 | £252,500 | 19 PETWORTH DRIVE |
11 Feb 2022 | £417,301 | £395,000 | 17 CHATSWORTH DRIVE |
24 Jun 2020 | £437,973 | £359,000 | 5 PETWORTH DRIVE |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 14 Apr 2016. Using an estimated price of £653,085 means this house is valued at £3,934 per sq meter (£365 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petworth Drive |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hagley Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kettering Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Goodwood Close |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Woburn Close |