£581,759
This estimated value is based upon the latest sale price for the house of £343,000 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £343,000 | 8 Jun 2012 |
| £279,500 | 27 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 June 2012 the House Price Index for LEICESTERSHIRE was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £343,000 results in an estimated price of approximately £581,759.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £343,000 | £238,759 | £581,759 |
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 | 45.502 % | £156,071 | £499,071 |
| 3 Month Average | 67.020 % | £229,878 | £572,878 |
| 6 Month Average | 80.943 % | £277,633 | £620,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £441,537 | £435,000 | 8 THE LONGLANDS |
| 15 Sep 2023 | £430,504 | £425,000 | 64 ASHLEY WAY |
| 21 Jul 2023 | £497,698 | £491,000 | 7 FOTHERGILL CLOSE |
| 21 Jul 2023 | £491,617 | £485,000 | 35 ASHLEY WAY |
| 21 Jun 2022 | £357,553 | £352,500 | 20 ASHLEY WAY |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 14 Mar 2012. Using an estimated price of £581,759 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on THE LONGLANDS is 171 sq meters (1,847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Apr 2024 | Possession of weapons | Under investigation | On or near Ashley Way |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way | |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Picks Close |