£374,863
This estimated value is based upon the latest sale price for the house of £283,000 on 21 Oct 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£283,000 | 21 Oct 2016 |
Terraced |
Freehold |
Floor Area: 146 sq meters or 1,571 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in October 2016 the House Price Index for LEICESTER was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £283,000 results in an estimated price of approximately £374,863.
21 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £283,000 | £91,863 | £374,863 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 45.891 % | £129,872 | £412,872 |
3 Month Average | 44.566 % | £126,121 | £409,121 |
6 Month Average | 49.432 % | £139,891 | £422,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Apr 2023 | £358,864 | £355,000 | 9 RENISHAW DRIVE |
28 Feb 2023 | £309,792 | £310,000 | 121 EVINGTON LANE |
16 Sep 2022 | £431,515 | £435,000 | 96 ROMWAY ROAD |
13 May 2022 | £519,794 | £510,000 | 9 COPLOW AVENUE |
22 Apr 2022 | £329,536 | £320,000 | 4 STOUGHTON DRIVE |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 10 Dec 2015. Using an estimated price of £374,863 means this house is valued at £2,567 per sq meter (£238 per sq foot).
The average size of a house on SOUTHVIEW DRIVE is 154 sq meters (1,658 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Coplow Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Romway Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Romway Avenue |
Jan 2024 | Other theft | Local resolution | On or near Romway Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lindrick Drive |