£406,721
This estimated value is based upon the latest sale price for the house of £86,000 on 5 Jun 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £86,000 | 5 Jun 1998 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 1998 the House Price Index for LEICESTERSHIRE was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £86,000 results in an estimated price of approximately £406,721.
| 5 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £86,000 | £320,721 | £406,721 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 328.169 % | £282,225 | £368,225 |
| 3 Month Average | 349.241 % | £300,347 | £386,347 |
| 6 Month Average | 340.741 % | £293,037 | £379,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £296,000 | £296,000 | 4 NEWQUAY CLOSE |
| 27 Nov 2023 | £410,418 | £400,000 | 7 WENDOVER DRIVE |
| 25 Sep 2023 | £429,467 | £420,000 | 29 WENDOVER DRIVE |
| 30 Nov 2022 | £313,534 | £315,000 | 5 TRURO CLOSE |
| 15 Jul 2022 | £267,682 | £265,000 | 28 NEWQUAY CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Apr 2014. Using an estimated price of £406,721 means this house is valued at £3,910 per sq meter (£363 per sq foot).
The average size of a house on FALMOUTH DRIVE is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Bodmin Close |
| Sep 2024 | Other crime | Formal action is not in the public interest | On or near Truro Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingston Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashby Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Close |