£223,630
This estimated value is based upon the latest sale price for the house of £154,000 on 9 Jun 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £154,000 | 9 Jun 2015 |
| £130,000 | 29 Feb 2008 |
| £107,500 | 2 Feb 2004 |
| £40,500 | 30 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for LEICESTERSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £154,000 results in an estimated price of approximately £223,630.
| 9 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £154,000 | £69,630 | £223,630 |
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 | 25.171 % | £38,763 | £192,763 |
| 3 Month Average | 41.966 % | £64,627 | £218,627 |
| 6 Month Average | 48.216 % | £74,253 | £228,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £188,295 | £185,000 | 2 MEADOW STREET |
| 18 Aug 2023 | £252,206 | £250,000 | 15 ORCHARD STREET |
| 21 Jul 2023 | £253,411 | £250,000 | 17 ORCHARD STREET |
| 21 Jul 2023 | £253,411 | £250,000 | 5 ORCHARD STREET |
| 23 Jun 2023 | £354,292 | £350,000 | 8 MEADOW STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 31 Jan 2015. Using an estimated price of £223,631 means this house is valued at £3,063 per sq meter (£284 per sq foot).
The average size of a house on ORCHARD STREET is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Street |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shropshire Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shropshire Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Heygate Street |
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ashfield Road |