£239,462
This estimated value is based upon the latest sale price for the house of £159,950 on 1 Oct 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,950 | 1 Oct 2014 |
| £150,000 | 2 Apr 2007 |
| £82,000 | 3 May 2002 |
| £46,000 | 14 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2014 the House Price Index for LEICESTERSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £159,950 results in an estimated price of approximately £239,462.
| 1 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £159,950 | £79,512 | £239,462 |
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 | 37.648 % | £60,217 | £220,167 |
| 3 Month Average | 47.583 % | £76,109 | £236,059 |
| 6 Month Average | 51.845 % | £82,925 | £242,875 |
| 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 85 sq meters or 914 sq feet when measured on 3 Feb 2015. Using an estimated price of £239,462 means this house is valued at £2,817 per sq meter (£261 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 |
| 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 |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ashfield Road |
| Mar 2024 | Burglary | Under investigation | On or near Roman Way |