£496,547
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 27 Jul 2007 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 July 2007 the House Price Index for LEICESTERSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £315,000 results in an estimated price of approximately £496,547.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £315,000 | £181,547 | £496,547 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 28.489 % | £89,741 | £404,741 |
| 3 Month Average | 32.913 % | £103,675 | £418,675 |
| 6 Month Average | 41.549 % | £130,879 | £445,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £314,658 | £310,000 | 25 SPRINGFIELD CLOSE |
| 18 Sep 2023 | £292,439 | £288,700 | 4 SPRINGFIELD CLOSE |
| 7 Sep 2023 | £278,562 | £275,000 | 21 WOODBROOK ROAD |
| 25 Aug 2023 | £322,068 | £319,250 | 2 MODEL FARM CLOSE |
| 18 Aug 2023 | £469,104 | £465,000 | 38 PANTAIN ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 29 Jul 2015. Using an estimated price of £496,547 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on WOODBROOK ROAD is 114 sq meters (1,231 sq feet).
This house is the largest in the street with a floor area of 161 sq meters (1,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Model Farm Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Hill Top Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Sandalwood Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Linford Road |