£174,854
This estimated value is based upon the latest sale price for the house of £171,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £171,000 | 15 Sep 2023 |
| £115,000 | 18 Nov 2015 |
| £124,950 | 22 Jul 2009 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 57 sq meters or 617 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 September 2023 the House Price Index for LEICESTERSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £171,000 results in an estimated price of approximately £174,854.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £171,000 | £3,854 | £174,854 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 36.374 % | £62,200 | £233,200 |
| 3 Month Average | 13.001 % | £22,232 | £193,232 |
| 6 Month Average | 6.281 % | £10,740 | £181,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £415,548 | £405,000 | 16 MASEFIELD PLACE |
| 15 Sep 2023 | £174,855 | £171,000 | 8 MASEFIELD DRIVE |
| 23 Jun 2023 | £321,442 | £315,000 | 4 OAKLANDS WAY |
| 30 Jan 2023 | £225,603 | £225,000 | 29 OAKLANDS WAY |
| 29 Jul 2022 | £274,753 | £272,000 | 28 OAKLANDS DRIVE |
This house has a floor area of 57 sq meters or 617 sq feet when measured on 26 May 2009. Using an estimated price of £174,855 means this house is valued at £3,048 per sq meter (£283 per sq foot).
The average size of a house on MASEFIELD DRIVE is 132 sq meters (1,422 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masefield Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Masefield Drive |
| May 2024 | Anti-social behaviour | On or near Masefield Drive | |
| May 2024 | Public order | Unable to prosecute suspect | On or near Masefield Drive |
| May 2024 | Anti-social behaviour | On or near Masefield Drive |