£399,830
This estimated value is based upon the latest sale price for the house of £172,500 on 12 Aug 2003. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,500 | 12 Aug 2003 |
| Semi-Detached |
| Freehold |
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 August 2003 the House Price Index for LEICESTERSHIRE was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £172,500 results in an estimated price of approximately £399,830.
| 12 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £172,500 | £227,330 | £399,830 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 102.376 % | £176,598 | £349,098 |
| 3 Month Average | 136.358 % | £235,218 | £407,718 |
| 6 Month Average | 100.689 % | £173,687 | £346,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £270,000 | £270,000 | 12 WELLS ROAD |
| 26 Apr 2024 | £131,139 | £130,000 | 104 RIDGWAY ROAD |
| 22 Mar 2024 | £251,362 | £247,500 | 4 BRISTOL AVENUE |
| 31 Aug 2023 | £188,398 | £185,000 | 17 RIDGWAY ROAD |
| 3 Feb 2023 | £349,334 | £347,000 | 66 WILLESLEY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Wells Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wells Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Wells Road |