£271,670
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Sep 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £220,000 results in an estimated price of approximately £271,670.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £220,000 | £51,670 | £271,670 |
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 | 0.221 % | £486 | £220,486 |
| 3 Month Average | 6.681 % | £14,699 | £234,699 |
| 6 Month Average | 12.802 % | £28,163 | £248,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £361,322 | £355,000 | 168 STUART ROAD |
| 22 Nov 2023 | £274,057 | £270,000 | 67 STUART ROAD |
| 3 Apr 2023 | £320,450 | £317,000 | 174 STUART ROAD |
| 27 Jan 2023 | £368,265 | £370,000 | 61 WESTERN AVENUE |
| 30 Nov 2022 | £302,338 | £306,000 | 89 WESTERN AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Sep 2018. Using an estimated price of £271,670 means this house is valued at £3,773 per sq meter (£350 per sq foot).
There is one other house on the street which we know the size of, this is 3 BURFORD CLOSE it is 93.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Western Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ireton Road |
| Apr 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Skippon Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Skippon Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skippon Close |