£295,231
This estimated value is based upon the latest sale price for the house of £255,000 on 20 Jul 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 20 Jul 2021 |
| £127,000 | 3 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 942 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 July 2021 the House Price Index for LEICESTERSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £255,000 results in an estimated price of approximately £295,231.
| 20 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £255,000 | £40,231 | £295,231 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 2.380 % | £6,069 | £261,069 |
| 3 Month Average | 5.957 % | £15,191 | £270,191 |
| 6 Month Average | 8.290 % | £21,139 | £276,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £206,340 | £200,000 | 1 GEDDINGTON CLOSE |
| 6 Dec 2023 | £273,401 | £265,000 | 17 RAVENSTHORPE ROAD |
| 9 Jun 2023 | £331,646 | £325,000 | 9 THORNBY GARDENS |
| 2 Jun 2023 | £262,256 | £257,000 | 5 GEDDINGTON CLOSE |
| 31 Jan 2023 | £350,938 | £350,000 | 4 SHEARSBY CLOSE |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 21 Nov 2008. Using an estimated price of £295,232 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on RAVENSTHORPE ROAD is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottesbrooke Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Wye Dean Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wye Dean Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Dean Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shearsby Close |