£199,686
This estimated value is based upon the latest sale price for the house of £118,000 on 22 Nov 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 22 Nov 2012 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2012 the House Price Index for LEICESTERSHIRE was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £118,000 results in an estimated price of approximately £199,686.
| 22 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £118,000 | £81,686 | £199,686 |
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 | 77.192 % | £91,086 | £209,086 |
| 3 Month Average | 66.910 % | £78,953 | £196,953 |
| 6 Month Average | 73.549 % | £86,787 | £204,787 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 14 ROYAL MEWS |
| 25 Aug 2023 | £343,001 | £340,000 | 33 LOWER PACKINGTON ROAD |
| 27 Jul 2023 | £182,456 | £180,000 | 22 ROYAL MEWS |
| 28 Jun 2022 | £192,673 | £189,950 | 12 ROYAL MEWS |
| 19 Nov 2021 | £216,303 | £200,000 | 11 ROYAL MEWS |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Aug 2020. Using an estimated price of £199,686 means this house is valued at £2,662 per sq meter (£247 per sq foot).
The average size of a house on STATION MEWS is 98 sq meters (1,055 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Royal Mews |
| Apr 2024 | Anti-social behaviour | On or near Royal Mews | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Royal Mews |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spinney Close |