£365,046
This estimated value is based upon the latest sale price for the house of £266,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£266,000 | 15 Jan 2016 |
£224,950 | 11 Dec 2012 |
£170,000 | 31 May 2011 |
Detached |
Freehold |
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 January 2016 the House Price Index for LEICESTERSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £266,000 results in an estimated price of approximately £365,046.
15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £266,000 | £99,046 | £365,046 |
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 | 45.601 % | £121,297 | £387,297 |
3 Month Average | 7.832 % | £20,833 | £286,833 |
6 Month Average | 10.890 % | £28,966 | £294,966 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £474,148 | £470,000 | THE COTTAGE WELFORD ROAD |
21 Aug 2023 | £453,971 | £450,000 | ACHNASHEEN WELFORD ROAD |
18 Aug 2023 | £292,559 | £290,000 | 4 WELFORD ROAD |
7 Aug 2023 | £267,339 | £265,000 | MEADOW VIEW WALCOTE ROAD |
1 Jun 2023 | £222,698 | £220,000 | 1 CHAPEL GARDENS WELFORD ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Crescent |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Crescent |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Church Lane |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Lane |