£496,641
This estimated value is based upon the latest sale price for the house of £153,950 on 9 Nov 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £153,950 | 9 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 November 2001 the House Price Index for LEICESTERSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £153,950 results in an estimated price of approximately £496,641.
| 9 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £153,950 | £342,691 | £496,641 |
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 | 168.815 % | £259,890 | £413,840 |
| 3 Month Average | 127.272 % | £195,935 | £349,885 |
| 6 Month Average | 143.176 % | £220,419 | £374,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £296,740 | £290,000 | 5 ORANGE HILL |
| 29 Sep 2023 | £255,635 | £250,000 | 17 RYE HILL AVENUE |
| 6 Sep 2023 | £270,973 | £265,000 | 29 ORANGE HILL |
| 27 Jan 2023 | £265,710 | £265,000 | 13 ORANGE HILL |
| 30 Nov 2022 | £301,590 | £303,000 | 7 ORANGE HILL |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Mar 2014. Using an estimated price of £496,641 means this house is valued at £4,208 per sq meter (£391 per sq foot).
The average size of a house on ORANGE HILL is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Riverside Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riverside Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riverside Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Grove |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Station Road |