£517,602
This estimated value is based upon the latest sale price for the house of £410,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Nanpantan Road
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Price Paid | Date |
---|---|
£410,000 | 23 Mar 2018 |
£250,000 | 24 Aug 2012 |
£265,000 | 21 Aug 2003 |
Semi-Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 March 2018 the House Price Index for LEICESTERSHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £410,000 results in an estimated price of approximately £517,602.
23 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £410,000 | £107,602 | £517,602 |
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 | 33.375 % | £136,835 | £546,835 |
3 Month Average | 30.227 % | £123,929 | £533,929 |
6 Month Average | 57.575 % | £236,058 | £646,058 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £407,522 | £395,000 | 50 LECONFIELD ROAD |
17 Nov 2023 | £282,162 | £275,000 | 7 LUDLOW CLOSE |
13 Oct 2023 | £232,787 | £227,500 | 8 CHICHESTER CLOSE |
8 Sep 2023 | £649,314 | £635,000 | 121 NANPANTAN ROAD |
16 Jun 2023 | £250,010 | £245,000 | 4 LUDLOW CLOSE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 31 Jan 2018. Using an estimated price of £517,603 means this house is valued at £3,405 per sq meter (£316 per sq foot).
The average size of a house on LECONFIELD ROAD is 122 sq meters (1,317 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Nanpantan Road |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Dulverton Close |
Sep 2024 | Anti-social behaviour | On or near Watermead Lane | |
Sep 2024 | Anti-social behaviour | On or near Watermead Lane | |
Oct 2024 | Other crime | Under investigation | On or near Compton Close |