£387,809
This estimated value is based upon the latest sale price for the house of £285,000 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Woodlea Avenue
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| Price Paid | Date |
|---|---|
| £285,000 | 21 Mar 2016 |
| £249,995 | 18 May 2006 |
| £199,500 | 28 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 March 2016 the House Price Index for LEICESTERSHIRE was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £285,000 results in an estimated price of approximately £387,809.
| 21 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £285,000 | £102,809 | £387,809 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 60.556 % | £172,585 | £457,585 |
| 3 Month Average | 25.635 % | £73,060 | £358,060 |
| 6 Month Average | 26.092 % | £74,361 | £359,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £372,464 | £365,000 | 11 BLACKTHORN CLOSE |
| 5 Apr 2023 | £371,957 | £365,000 | 7 PINE CLOSE |
| 20 Jan 2023 | £315,844 | £315,000 | 49 GREENACRES DRIVE |
| 12 Sep 2022 | £242,838 | £243,000 | 14 PINE CLOSE |
| 6 Jun 2022 | £383,191 | £375,000 | 41 PINE CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 26 Sep 2019. Using an estimated price of £387,810 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on WOODLEA AVENUE is 132 sq meters (1,426 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Woodlea Avenue |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Pine Close |
| May 2024 | Drugs | Under investigation | On or near Yew Tree Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sycamore Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenacres Drive |