£363,279
This estimated value is based upon the latest sale price for the house of £185,000 on 6 Jul 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £185,000 | 6 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2004 the House Price Index for LEICESTER was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £185,000 results in an estimated price of approximately £363,279.
| 6 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £185,000 | £178,279 | £363,279 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 148.101 % | £273,987 | £458,987 |
| 3 Month Average | 118.283 % | £218,822 | £403,822 |
| 6 Month Average | 116.062 % | £214,715 | £399,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £190,865 | £185,000 | 10 WELLAND VALE ROAD |
| 25 Aug 2022 | £437,044 | £435,000 | 21 WELLAND VALE ROAD |
| 30 Jul 2022 | £244,449 | £242,000 | 5 ROGERSTONE ROAD |
| 21 Apr 2022 | £399,407 | £385,000 | 8 WELLAND VALE ROAD |
| 30 Sep 2021 | £331,099 | £305,000 | 28 WOODNEWTON DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Aug 2015. Using an estimated price of £363,279 means this house is valued at £3,561 per sq meter (£330 per sq foot).
The average size of a house on WELLAND VALE ROAD is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alcester Drive |
| Oct 2024 | Burglary | Under investigation | On or near Durston Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fulbeck Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fulbeck Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodnewton Drive |