£426,050
This estimated value is based upon the latest sale price for the house of £320,000 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£320,000 | 15 Aug 2016 |
Detached |
Freehold |
Floor Area: 147 sq meters or 1,582 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 2016 the House Price Index for LEICESTERSHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £320,000 results in an estimated price of approximately £426,050.
15 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £320,000 | £106,050 | £426,050 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 21.278 % | £68,088 | £388,088 |
3 Month Average | 20.701 % | £66,242 | £386,242 |
6 Month Average | 28.378 % | £90,810 | £410,810 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £197,660 | £195,000 | 18 KINGSTON AVENUE |
10 Jan 2023 | £248,828 | £250,000 | 54 KINGSTON AVENUE |
8 Aug 2022 | £271,270 | £272,000 | 23 BURLEIGH AVENUE |
25 Jul 2022 | £255,688 | £255,000 | 21 BURLEIGH AVENUE |
8 Jul 2022 | £315,850 | £315,000 | 38 BURLEIGH AVENUE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 28 Jun 2016. Using an estimated price of £426,050 means this house is valued at £2,898 per sq meter (£269 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milverton Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milverton Drive |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Milverton Drive |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Milverton Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milverton Drive |