£605,324
This estimated value is based upon the latest sale price for the house of £490,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £490,000 | 4 Jan 2019 |
| Detached |
| Freehold |
| Floor Area: 244 sq meters or 2,626 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in January 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £490,000 results in an estimated price of approximately £605,324.
| 4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £490,000 | £115,324 | £605,324 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 7.944 % | £38,925 | £528,925 |
| 3 Month Average | 14.851 % | £72,769 | £562,769 |
| 6 Month Average | 16.760 % | £82,124 | £572,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £317,780 | £315,000 | 99 WESTCOTES DRIVE |
| 4 Jan 2023 | £247,335 | £248,500 | 56 DULVERTON ROAD |
| 9 Dec 2021 | £589,257 | £550,000 | 6 BRAUNSTONE AVENUE |
| 8 Nov 2021 | £254,156 | £235,000 | 93 WESTCOTES DRIVE |
| 30 Sep 2021 | £242,458 | £225,000 | 46 DULVERTON ROAD |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 27 Jun 2017. Using an estimated price of £605,324 means this house is valued at £2,480 per sq meter (£230 per sq foot).
The average size of a house on WESTCOTES DRIVE is 144 sq meters (1,553 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cooden Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cooden Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Taunton Road |
| Jan 2024 | Drugs | Awaiting court outcome | On or near Taunton Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dulverton Road |