£212,831
This estimated value is based upon the latest sale price for the house of £162,500 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,500 | 3 Feb 2017 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,111 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 February 2017 the House Price Index for LEICESTERSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £162,500 results in an estimated price of approximately £212,831.
| 3 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £162,500 | £50,331 | £212,831 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 33.432 % | £54,326 | £216,826 |
| 3 Month Average | 33.373 % | £54,230 | £216,730 |
| 6 Month Average | 36.547 % | £59,389 | £221,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £275,000 | £275,000 | 20 DERWENT DRIVE |
| 10 May 2024 | £180,000 | £180,000 | 30 RIBBLE WAY |
| 15 Dec 2023 | £283,718 | £275,000 | 2 RIBBLE WAY |
| 11 Jul 2022 | £262,632 | £260,000 | 12 WITHAM CLOSE |
| 25 Feb 2022 | £209,179 | £198,000 | 2 WELLAND RISE |
This house has a floor area of 103 sq meters or 1,111 sq feet when measured on 8 Sep 2009. Using an estimated price of £212,832 means this house is valued at £2,061 per sq meter (£191 per sq foot).
The average size of a house on SEVERN HILL is 111 sq meters (1,203 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Under investigation | On or near Thames Drive |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartland Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hartland Drive |
| Sep 2024 | Public order | Under investigation | On or near Hartland Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hartland Drive |