£297,267
This estimated value is based upon the latest sale price for the house of £172,000 on 16 Dec 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £172,000 | 16 Dec 2009 |
| £60,000 | 28 Jan 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 December 2009 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £172,000 results in an estimated price of approximately £297,267.
| 16 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £172,000 | £125,267 | £297,267 |
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 | 21.403 % | £36,812 | £208,812 |
| 3 Month Average | 37.838 % | £65,081 | £237,081 |
| 6 Month Average | 51.932 % | £89,322 | £261,322 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £353,089 | £350,000 | 27 COLGROVE ROAD |
| 4 Aug 2023 | £327,868 | £325,000 | 17 WALLACE ROAD |
| 31 Aug 2022 | £448,792 | £450,000 | 39 COLGROVE ROAD |
| 3 Aug 2022 | £274,262 | £275,000 | 56 WALLACE ROAD |
| 23 Sep 2021 | £471,986 | £438,000 | 108 FOREST ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 May 2019. Using an estimated price of £297,267 means this house is valued at £2,914 per sq meter (£270 per sq foot).
The average size of a house on WALLACE ROAD is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wallace Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicket Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wicket Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicket Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wicket Close |