£348,400
This estimated value is based upon the latest sale price for the house of £310,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 26 Aug 2021 |
| £162,000 | 25 May 2006 |
| £150,000 | 25 May 2006 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2021 the House Price Index for LEICESTERSHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £310,000 results in an estimated price of approximately £348,400.
| 26 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £310,000 | £38,400 | £348,400 |
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 | 11.371 % | £35,250 | £345,250 |
| 3 Month Average | 39.122 % | £121,277 | £431,277 |
| 6 Month Average | 12.724 % | £39,445 | £349,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £472,004 | £457,500 | 29 LOWER PACKINGTON ROAD |
| 15 Dec 2023 | £165,072 | £160,000 | 22 WESTERN CLOSE |
| 24 Nov 2023 | £216,496 | £211,000 | 31 AVENUE ROAD |
| 12 Oct 2023 | £388,831 | £380,000 | 13 LOWER PACKINGTON ROAD |
| 25 Aug 2023 | £346,245 | £340,000 | 33 LOWER PACKINGTON ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Oct 2019. Using an estimated price of £348,401 means this house is valued at £3,415 per sq meter (£317 per sq foot).
The average size of a house on LOWER PACKINGTON ROAD is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Tudor Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Spinney Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Spinney Close |