£440,798
This estimated value is based upon the latest sale price for the house of £373,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £373,000 | 30 Oct 2020 |
| £320,000 | 2 Jul 2018 |
| £315,000 | 21 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 197 sq meters or 2,120 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 October 2020 the House Price Index for LEICESTERSHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £373,000 results in an estimated price of approximately £440,798.
| 30 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £373,000 | £67,798 | £440,798 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 24.337 % | £90,778 | £463,778 |
| 3 Month Average | 10.470 % | £39,054 | £412,054 |
| 6 Month Average | 9.011 % | £33,611 | £406,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Sep 2024 | £325,000 | £325,000 | 105 PARK ROAD |
| 15 Jul 2024 | £258,000 | £258,000 | 129 PARK ROAD |
| 1 Dec 2023 | £273,401 | £265,000 | 78 HERRICK ROAD |
| 1 Dec 2023 | £266,489 | £258,300 | 11 MIDDLETON PLACE |
| 8 Aug 2023 | £351,337 | £345,000 | 58 HERRICK ROAD |
This house has a floor area of 197 sq meters or 2,120 sq feet when measured on 1 Apr 2016. Using an estimated price of £440,799 means this house is valued at £2,237 per sq meter (£207 per sq foot).
The average size of a house on PARK ROAD is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Charnwood Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Oliver Road |
| Sep 2024 | Drugs | Further investigation is not in the public interest | On or near Sports/Recreation Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Street |