£270,788
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Jun 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 16 Jun 2022 |
| £162,000 | 19 Sep 2011 |
| £58,000 | 9 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2022 the House Price Index for LEICESTERSHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £265,000 results in an estimated price of approximately £270,788.
| 16 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £265,000 | £5,788 | £270,788 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 41.961 % | £111,196 | £376,196 |
| 3 Month Average | 7.849 % | £20,800 | £285,800 |
| 6 Month Average | 8.628 % | £22,864 | £287,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £297,553 | £290,000 | 12 HAMMOND WAY |
| 18 Aug 2023 | £458,265 | £450,000 | 110 BURNMILL ROAD |
| 19 Aug 2022 | £330,546 | £329,000 | 29 RIDGEWAY WEST |
| 19 Aug 2022 | £276,292 | £275,000 | 20 THE OVAL |
| 3 Aug 2022 | £301,409 | £300,000 | 14 THE OVAL |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 1 Jun 2020. Using an estimated price of £270,788 means this house is valued at £3,813 per sq meter (£354 per sq foot).
The average size of a house on THE OVAL is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hammond Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hammond Way |
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Burnmill Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Street |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Marlborough Way |