£838,955
This estimated value is based upon the latest sale price for the house of £800,000 on 14 Feb 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £800,000 | 14 Feb 2022 |
| £418,500 | 27 Jan 2015 |
| Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 February 2022 the House Price Index for LEICESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £800,000 results in an estimated price of approximately £838,955.
| 14 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £800,000 | £38,955 | £838,955 |
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 | 23.920 % | £191,359 | £991,359 |
| 3 Month Average | 6.020 % | £48,160 | £848,160 |
| 6 Month Average | 3.271 % | £26,171 | £826,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £643,224 | £635,000 | 68 FAIRFIELD ROAD |
| 11 Sep 2023 | £172,202 | £170,000 | 4 HEARTH STREET |
| 11 Aug 2023 | £191,677 | £190,000 | 2 HEARTH STREET |
| 11 Aug 2023 | £234,552 | £232,500 | 45 HEARTH STREET |
| 4 Aug 2023 | £242,118 | £240,000 | APARTMENT 5 LANGTON COURT, 28 FAIRFIELD ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 22 Nov 2021. Using an estimated price of £838,956 means this house is valued at £5,115 per sq meter (£475 per sq foot).
The average size of a house on FAIRFIELD ROAD is 106 sq meters (1,145 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |