£502,966
This estimated value is based upon the latest sale price for the house of £317,000 on 15 Jun 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £317,000 | 15 Jun 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,714 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 2007 the House Price Index for LEICESTERSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £317,000 results in an estimated price of approximately £502,966.
| 15 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £317,000 | £185,966 | £502,966 |
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 | 75.374 % | £238,937 | £555,937 |
| 3 Month Average | 59.585 % | £188,884 | £505,884 |
| 6 Month Average | 70.449 % | £223,322 | £540,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £162,849 | £160,000 | 22 WESTERN CLOSE |
| 24 Nov 2023 | £214,171 | £211,000 | 31 AVENUE ROAD |
| 25 Aug 2023 | £343,001 | £340,000 | 33 LOWER PACKINGTON ROAD |
| 17 Feb 2023 | £449,697 | £450,000 | 65 LOWER PACKINGTON ROAD |
| 20 Sep 2022 | £239,120 | £241,051 | 15 TUDOR CLOSE |
This house has a floor area of 159 sq meters or 1,714 sq feet when measured on 7 Apr 2011. Using an estimated price of £502,967 means this house is valued at £3,158 per sq meter (£293 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 |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |