£248,488
This estimated value is based upon the latest sale price for the house of £169,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£169,000 | 15 May 2015 |
£68,000 | 9 Apr 1999 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 2015 the House Price Index for LEICESTERSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £169,000 results in an estimated price of approximately £248,488.
15 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £169,000 | £79,488 | £248,488 |
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 | 132.294 % | £223,577 | £392,577 |
3 Month Average | 28.607 % | £48,346 | £217,346 |
6 Month Average | 43.075 % | £72,796 | £241,796 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £833,082 | £817,500 | 127 SCOTLAND ROAD |
28 Feb 2023 | £327,186 | £325,000 | 7 LAUNDE PARK |
31 Oct 2022 | £249,168 | £250,000 | 39 LAUNDE PARK |
20 Jun 2022 | £243,199 | £238,000 | 31 BELLFIELDS STREET |
17 Mar 2022 | £287,082 | £275,000 | 8 BELLFIELDS STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 15 Dec 2014. Using an estimated price of £248,488 means this house is valued at £4,778 per sq meter (£443 per sq foot).
The average size of a house on LAUNDE PARK is 69 sq meters (743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Launde Park |
Jun 2024 | Other theft | Under investigation | On or near Launde Park |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Dunmore Road |
May 2024 | Anti-social behaviour | On or near Dunmore Road | |
May 2024 | Anti-social behaviour | On or near Dunmore Road |