£541,649
This estimated value is based upon the latest sale price for the house of £167,000 on 31 Oct 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 31 Oct 2001 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2001 the House Price Index for LEICESTERSHIRE was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £167,000 results in an estimated price of approximately £541,649.
| 31 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £167,000 | £374,649 | £541,649 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 122.780 % | £205,043 | £372,043 |
| 3 Month Average | 145.177 % | £242,446 | £409,446 |
| 6 Month Average | 183.584 % | £306,585 | £473,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £292,509 | £289,950 | 10 OAKLANDS AVENUE |
| 4 Aug 2023 | £252,206 | £250,000 | 17 OAKLANDS AVENUE |
| 4 Aug 2023 | £181,589 | £180,000 | 9 OAKLANDS AVENUE |
| 19 Jun 2023 | £385,570 | £380,900 | 175 FOREST ROAD |
| 18 Oct 2022 | £248,326 | £251,000 | 157 FOREST ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 21 Feb 2014. Using an estimated price of £541,650 means this house is valued at £5,015 per sq meter (£465 per sq foot).
The average size of a house on FOREST ROAD is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Forest Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Road |
| Mar 2024 | Burglary | Under investigation | On or near Ashleigh Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashleigh Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashleigh Drive |