£228,843
This estimated value is based upon the latest sale price for the house of £190,000 on 19 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 19 Mar 2020 |
| £124,950 | 6 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 March 2020 the House Price Index for LEICESTERSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £190,000 results in an estimated price of approximately £228,843.
| 19 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £190,000 | £38,843 | £228,843 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 108.001 % | £205,201 | £395,201 |
| 3 Month Average | 14.462 % | £27,477 | £217,477 |
| 6 Month Average | 10.720 % | £20,368 | £210,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £176,664 | £175,000 | 52 CLIFTON AVENUE |
| 7 Oct 2022 | £232,497 | £235,000 | 27 MILLFIELD CLOSE |
| 26 Aug 2022 | £244,342 | £245,000 | 150 MARLBOROUGH WAY |
| 18 Aug 2022 | £393,940 | £395,000 | 2 DOWNSIDE DRIVE |
| 11 Aug 2022 | £244,342 | £245,000 | FLAT 1 100 SMISBY ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 4 Oct 2019. Using an estimated price of £228,843 means this house is valued at £3,575 per sq meter (£332 per sq foot).
The average size of a house on MARLBOROUGH WAY is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rugby Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Millfield Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stowe Close |
| Jan 2024 | Anti-social behaviour | On or near Stowe Close | |
| Jan 2024 | Anti-social behaviour | On or near Stowe Close |