£418,641
This estimated value is based upon the latest sale price for the house of £245,000 on 4 May 2010. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£245,000 | 4 May 2010 |
£145,950 | 7 Sep 2001 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,250 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 May 2010 the House Price Index for LEICESTERSHIRE was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £245,000 results in an estimated price of approximately £418,641.
4 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.874 % | £245,000 | £173,641 | £418,641 |
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 | 119.271 % | £292,214 | £537,214 |
3 Month Average | 45.416 % | £111,269 | £356,269 |
6 Month Average | 61.718 % | £151,208 | £396,208 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £507,802 | £500,000 | 2 FLAXLAND CLOSE |
3 Aug 2023 | £519,367 | £510,000 | 6 FLAXLAND CLOSE |
6 Jan 2023 | £601,607 | £600,000 | 25 AUDLEY CLOSE |
12 Aug 2022 | £537,513 | £535,000 | 9 SHREWSBURY AVENUE |
25 Feb 2022 | £618,028 | £585,000 | 2 AUDLEY CLOSE |
This house has a floor area of 116 sq meters or 1,250 sq feet when measured on 4 Jan 2010. Using an estimated price of £418,641 means this house is valued at £3,602 per sq meter (£334 per sq foot).
The average size of a house on FERN LEY CLOSE is 131 sq meters (1,414 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Roundhill Close |
Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Southey Close |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Longlands |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kettering Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petworth Drive |