£186,744
This estimated value is based upon the latest sale price for the house of £40,000 on 12 Nov 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £40,000 | 12 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 November 1998 the House Price Index for LEICESTERSHIRE was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.861%.Applying this 366.861% change to the original purchase price of £40,000 results in an estimated price of approximately £186,744.
| 12 Nov 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.861 % | £40,000 | £146,744 | £186,744 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 369.182 % | £147,672 | £187,672 |
| 3 Month Average | 414.293 % | £165,717 | £205,717 |
| 6 Month Average | 368.004 % | £147,201 | £187,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £288,877 | £280,000 | 18 WELCOMBE AVENUE |
| 29 Mar 2023 | £264,416 | £260,000 | 24 WELCOMBE AVENUE |
| 8 Feb 2023 | £266,782 | £265,000 | 67 HENLEY CRESCENT |
| 25 Aug 2022 | £196,921 | £196,000 | 1 WELCOMBE AVENUE |
| 12 Aug 2022 | £221,034 | £220,000 | 85 RAVENHURST ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 18 Oct 2013. Using an estimated price of £186,744 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on WELCOMBE AVENUE is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Welcombe Avenue |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Welcombe Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welcombe Avenue |
| Aug 2024 | Shoplifting | Under investigation | On or near Welcombe Avenue |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Henley Crescent |