£259,166
This estimated value is based upon the latest sale price for the house of £150,000 on 16 Sep 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £150,000 | 16 Sep 2011 |
| £167,500 | 16 Sep 2005 |
| £110,000 | 19 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,030 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 September 2011 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £150,000 results in an estimated price of approximately £259,166.
| 16 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £150,000 | £109,166 | £259,166 |
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 | 100.934 % | £151,400 | £301,400 |
| 3 Month Average | 48.132 % | £72,197 | £222,197 |
| 6 Month Average | 60.238 % | £90,356 | £240,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £162,849 | £160,000 | 22 WESTERN CLOSE |
| 24 Nov 2023 | £214,171 | £211,000 | 31 AVENUE ROAD |
| 20 Sep 2023 | £263,367 | £260,000 | 1 MILLERS COTTAGES TAMWORTH ROAD |
| 14 Nov 2022 | £172,906 | £175,000 | 7 TAMWORTH ROAD |
| 28 Jul 2022 | £172,966 | £172,500 | 12 AVENUE ROAD |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 5 Mar 2010. Using an estimated price of £259,167 means this house is valued at £2,706 per sq meter (£251 per sq foot).
The average size of a house on AVENUE ROAD is 103 sq meters (1,118 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Close |
| Apr 2024 | Other theft | Under investigation | On or near Tamworth Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |