£530,451
This estimated value is based upon the latest sale price for the house of £395,000 on 27 May 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £395,000 | 27 May 2016 |
| £335,500 | 19 Jan 2007 |
| £164,000 | 21 Dec 1999 |
| £160,000 | 23 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 May 2016 the House Price Index for LEICESTERSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £395,000 results in an estimated price of approximately £530,451.
| 27 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £395,000 | £135,451 | £530,451 |
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 | 3.161 % | £12,485 | £407,485 |
| 3 Month Average | 15.551 % | £61,425 | £456,425 |
| 6 Month Average | 30.731 % | £121,388 | £516,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £300,253 | £295,000 | 7 COMPTON CLOSE |
| 17 Nov 2023 | £314,658 | £310,000 | 14 NICOLSON ROAD |
| 29 Aug 2023 | £423,707 | £420,000 | 25 TYNEDALE ROAD |
| 4 Aug 2023 | £585,119 | £580,000 | 2 NICOLSON ROAD |
| 31 Mar 2023 | £454,280 | £450,000 | 8 NICOLSON ROAD |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 17 Dec 2015. Using an estimated price of £530,451 means this house is valued at £3,357 per sq meter (£311 per sq foot).
The average size of a house on NICOLSON ROAD is 126 sq meters (1,364 sq feet).
This house is the largest in the street with a floor area of 158 sq meters (1,700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nicolson Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ludlow Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ludlow Close |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Dulverton Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wythburn Close |