£418,946
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Nov 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Oak Close
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| Price Paid | Date |
|---|---|
| £240,000 | 9 Nov 2009 |
| £132,750 | 1 Aug 2000 |
| £114,950 | 6 Nov 1998 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,011 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 2009 the House Price Index for LEICESTERSHIRE was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £240,000 results in an estimated price of approximately £418,946.
| 9 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £240,000 | £178,946 | £418,946 |
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 | 50.596 % | £121,430 | £361,430 |
| 3 Month Average | 72.027 % | £172,864 | £412,864 |
| 6 Month Average | 86.327 % | £207,184 | £447,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £532,162 | £525,000 | 37 THE RIDGEWAY |
| 24 Jan 2023 | £258,781 | £260,000 | 77 ARDEN WAY |
| 21 Nov 2022 | £238,116 | £241,000 | 3 LINCOLN COURT |
| 19 Aug 2022 | £465,746 | £467,000 | 33 THE RIDGEWAY |
| 22 Jul 2022 | £218,588 | £218,000 | 7 LINCOLN COURT |
This house has a floor area of 186 sq meters or 2,011 sq feet when measured on 27 May 2009. Using an estimated price of £418,946 means this house is valued at £2,241 per sq meter (£208 per sq foot).
The average size of a house on ARDEN WAY is 105 sq meters (1,137 sq feet).
This house is the largest in the street with a floor area of 186 sq meters (2,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Oak Close |
| Apr 2024 | Public order | Under investigation | On or near Oak Close |
| Apr 2024 | Anti-social behaviour | On or near Oak Close | |
| Apr 2024 | Burglary | Unable to prosecute suspect | On or near Oak Close |
| Apr 2024 | Anti-social behaviour | On or near Oak Close |