£751,964
This estimated value is based upon the latest sale price for the house of £582,500 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£582,500 | 10 Mar 2017 |
Detached |
Freehold |
Floor Area: 275 sq meters or 2,967 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in March 2017 the House Price Index for LEICESTER was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £582,500 results in an estimated price of approximately £751,964.
10 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.0 | 29.093 % | £582,500 | £169,464 | £751,964 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 47.476 % | £276,547 | £859,047 |
3 Month Average | 44.653 % | £260,102 | £842,602 |
6 Month Average | 44.874 % | £261,392 | £843,892 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £353,342 | £350,000 | 3 CHAPEL LANE |
8 Feb 2023 | £378,211 | £380,000 | 34 WYNDALE ROAD |
7 Feb 2023 | £505,609 | £508,000 | 438 WELFORD ROAD |
17 Aug 2022 | £233,423 | £235,000 | 44 CHAPEL LANE |
31 May 2022 | £383,704 | £378,000 | 39 WYNDALE ROAD |
This house has a floor area of 275 sq meters or 2,967 sq feet when measured on 9 Oct 2009. Using an estimated price of £751,964 means this house is valued at £2,727 per sq meter (£253 per sq foot).
The average size of a house on WELFORD COURT is 218 sq meters (2,356 sq feet).
This house is the largest in the street with a floor area of 275 sq meters (2,967 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Cademan Close |
Mar 2024 | Anti-social behaviour | On or near Cademan Close | |
Mar 2024 | Anti-social behaviour | On or near Cademan Close | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cademan Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cademan Close |