£228,068
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Nov 2006. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£135,000 | 3 Nov 2006 |
£67,000 | 24 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 50 sq meters or 545 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 November 2006 the House Price Index for LEICESTERSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £135,000 results in an estimated price of approximately £228,068.
3 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £135,000 | £93,068 | £228,068 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 77.822 % | £105,060 | £240,060 |
3 Month Average | 33.647 % | £45,422 | £180,422 |
6 Month Average | 40.078 % | £54,105 | £189,105 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £220,000 | £220,000 | 31 AVERY CLOSE |
20 Dec 2023 | £257,926 | £250,000 | 33 ORCHARD ROAD |
17 Nov 2023 | £253,946 | £247,500 | 6 WOODWAY ROAD |
27 Oct 2023 | £255,810 | £250,000 | 2 ELMHIRST ROAD |
19 Sep 2023 | £607,901 | £594,500 | 6 ST MARYS ROAD |
This house has a floor area of 50 sq meters or 545 sq feet when measured on 24 May 2011. Using an estimated price of £228,068 means this house is valued at £4,498 per sq meter (£417 per sq foot).
The average size of a house on ORCHARD ROAD is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (545 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Orchard Road |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Avery Close |
Apr 2024 | Anti-social behaviour | On or near Avery Close |