£308,871
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 5 Jun 2019 |
| £84,500 | 29 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 June 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £250,000 results in an estimated price of approximately £308,871.
| 5 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £250,000 | £58,871 | £308,871 |
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 | 38.572 % | £96,430 | £346,430 |
| 3 Month Average | -15.474 % | £-38,686 | £211,313 |
| 6 Month Average | -7.877 % | £-19,691 | £230,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £319,080 | £315,000 | 12A ELM AVENUE |
| 16 Aug 2023 | £277,427 | £275,000 | 13 FIR TREE AVENUE |
| 28 Feb 2023 | £319,785 | £320,000 | 16 GREENACRES DRIVE |
| 27 Jul 2022 | £280,756 | £280,000 | 9 LABURNUM AVENUE |
| 14 Jan 2022 | £314,670 | £299,000 | 9 FIR TREE AVENUE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 19 Dec 2012. Using an estimated price of £308,872 means this house is valued at £2,045 per sq meter (£190 per sq foot).
The average size of a house on OAKFIELD AVENUE is 147 sq meters (1,584 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oakfield Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Oakfield Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Oakfield Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Apr 2024 | Other crime | Under investigation | On or near Supermarket |