£358,285
This estimated value is based upon the latest sale price for the house of £285,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 6 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2017 the House Price Index for LEICESTERSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £285,000 results in an estimated price of approximately £358,285.
| 6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £285,000 | £73,285 | £358,285 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 0.544 % | £1,551 | £286,551 |
| 3 Month Average | 22.787 % | £64,941 | £349,941 |
| 6 Month Average | 34.178 % | £97,408 | £382,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £389,986 | £385,000 | 6 WESLEY WAY |
| 22 Aug 2023 | £388,398 | £385,000 | 9 LINK RISE |
| 24 Mar 2023 | £462,356 | £458,000 | 213A LEICESTER ROAD |
| 28 Feb 2023 | £309,792 | £310,000 | 206 LEICESTER ROAD |
| 22 Jul 2022 | £280,756 | £280,000 | 293 MARKFIELD LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Oct 2016. Using an estimated price of £358,285 means this house is valued at £3,380 per sq meter (£314 per sq foot).
The average size of a house on MARKFIELD LANE is 131 sq meters (1,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Leicester Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Leicester Road |
| Mar 2024 | Other crime | Under investigation | On or near Leicester Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Leicester Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leicester Road |