£344,219
This estimated value is based upon the latest sale price for the house of £270,000 on 7 Jul 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 7 Jul 2017 |
| £192,000 | 7 Feb 2014 |
| £147,500 | 1 Nov 2002 |
| £69,950 | 9 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,222 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 2017 the House Price Index for LEICESTERSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £270,000 results in an estimated price of approximately £344,219.
| 7 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £270,000 | £74,219 | £344,219 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 16.036 % | £43,295 | £313,295 |
| 3 Month Average | 17.852 % | £48,200 | £318,200 |
| 6 Month Average | 28.143 % | £75,986 | £345,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £388,398 | £385,000 | 52 MARLBOROUGH WAY |
| 17 Aug 2023 | £554,854 | £550,000 | 1 CANTERBURY DRIVE |
| 18 Aug 2022 | £393,940 | £395,000 | 2 DOWNSIDE DRIVE |
| 29 Jul 2022 | £461,242 | £460,000 | 1 BENENDEN WAY |
| 29 Jul 2022 | £240,648 | £240,000 | 32 CANTERBURY DRIVE |
This house has a floor area of 113 sq meters or 1,222 sq feet when measured on 17 Feb 2009. Using an estimated price of £344,220 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on MARLBOROUGH WAY is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Clifton Drive |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Cheltenham Drive |
| Mar 2024 | Drugs | Further action is not in the public interest | On or near Cheltenham Drive |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Cheltenham Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brittany Avenue |