£340,929
This estimated value is based upon the latest sale price for the house of £260,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 12 Dec 2016 |
| £179,000 | 29 Jul 2011 |
| £183,500 | 21 Jul 2006 |
| £159,000 | 17 Mar 2004 |
| £110,000 | 10 May 2002 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,172 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 December 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £260,000 results in an estimated price of approximately £340,929.
| 12 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £260,000 | £80,929 | £340,929 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 54.721 % | £142,275 | £402,275 |
| 3 Month Average | 34.605 % | £89,974 | £349,974 |
| 6 Month Average | 43.528 % | £113,172 | £373,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £254,452 | £250,000 | 12 ROWAN AVENUE |
| 21 Aug 2023 | £244,892 | £242,750 | 55 NORTHFIELD DRIVE |
| 28 Apr 2023 | £152,644 | £151,000 | 14 MAPLEWELL |
| 25 Oct 2022 | £494,674 | £500,000 | 18 GREENHILL ROAD |
| 11 Feb 2022 | £173,035 | £165,000 | 17 CHESTNUT GROVE |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 29 Mar 2011. Using an estimated price of £340,929 means this house is valued at £3,130 per sq meter (£290 per sq foot).
The average size of a house on GREENHILL ROAD is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maplewell |
| Apr 2024 | Other theft | Formal action is not in the public interest | On or near Maplewell |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Maplewell |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maplewell |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Maplewell |