£464,093
This estimated value is based upon the latest sale price for the house of £292,500 on 29 Jun 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£292,500 | 29 Jun 2007 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,385 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 2007 the House Price Index for LEICESTERSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £292,500 results in an estimated price of approximately £464,093.
29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £292,500 | £171,593 | £464,093 |
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 | 40.464 % | £118,355 | £410,855 |
3 Month Average | 53.908 % | £157,679 | £450,179 |
6 Month Average | 66.835 % | £195,492 | £487,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £322,271 | £317,500 | 6 BELLFIELDS LANE |
28 Sep 2023 | £260,835 | £257,500 | 15 JORDAN CLOSE |
27 Jul 2023 | £248,342 | £245,000 | 6 RECTORY LANE |
6 Apr 2023 | £1,617,415 | £1,600,000 | 11 RECTORY LANE |
17 Jan 2023 | £207,025 | £208,000 | 29 JORDAN CLOSE |
This house has a floor area of 128 sq meters or 1,385 sq feet when measured on 17 Mar 2010. Using an estimated price of £464,094 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on RECTORY LANE is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Local resolution | On or near Bellfields Lane |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bellfields Lane |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Latimer Crescent |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jordan Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jordan Close |