£327,779
This estimated value is based upon the latest sale price for the house of £265,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£265,000 | 30 Aug 2018 |
£168,250 | 27 May 2005 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 766 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 August 2018 the House Price Index for LEICESTERSHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £265,000 results in an estimated price of approximately £327,779.
30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 148.6 | 23.690 % | £265,000 | £62,779 | £327,779 |
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 | -2.006 % | £-5,315 | £259,684 |
3 Month Average | 10.114 % | £26,801 | £291,801 |
6 Month Average | 17.903 % | £47,442 | £312,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £248,342 | £245,000 | 6 RECTORY LANE |
6 Apr 2023 | £826,398 | £817,500 | 127 SCOTLAND ROAD |
28 Feb 2023 | £324,781 | £325,000 | 7 LAUNDE PARK |
12 May 2021 | £341,271 | £302,000 | 116 SCOTLAND ROAD |
23 Oct 2020 | £263,944 | £225,000 | 9 QUEEN STREET |
This house has a floor area of 71 sq meters or 766 sq feet when measured on 2 Feb 2012. Using an estimated price of £327,780 means this house is valued at £4,603 per sq meter (£427 per sq foot).
The average size of a house on SCOTLAND ROAD is 133 sq meters (1,437 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other crime | Formal action is not in the public interest | On or near Scotland Road |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area |