£196,023
This estimated value is based upon the latest sale price for the house of £190,000 on 20 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£190,000 | 20 Dec 2023 |
£192,500 | 27 May 2022 |
£116,500 | 11 Jun 2010 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,010 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 2023 the House Price Index for LEICESTERSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £190,000 results in an estimated price of approximately £196,023.
20 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £190,000 | £6,023 | £196,023 |
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 | -4.380 % | £-8,321 | £181,678 |
3 Month Average | 6.934 % | £13,174 | £203,174 |
6 Month Average | 2.318 % | £4,404 | £194,404 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £196,023 | £190,000 | 195 HERMITAGE ROAD |
13 Dec 2023 | £309,511 | £300,000 | 26 BUTTERLEY DRIVE |
3 Nov 2023 | £148,777 | £145,000 | 26 DELISLE COURT |
25 Oct 2023 | £388,831 | £380,000 | 11 RAVENSTHORPE DRIVE |
18 Nov 2022 | £119,441 | £120,000 | 22 DELISLE COURT |
This house has a floor area of 93 sq meters or 1,010 sq feet when measured on 28 Jul 2009. Using an estimated price of £196,023 means this house is valued at £2,087 per sq meter (£193 per sq foot).
The average size of a house on HERMITAGE ROAD is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Old Ashby Road | |
Sep 2024 | Anti-social behaviour | On or near Old Ashby Road | |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Old Ashby Road |
Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Old Ashby Road |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Butterley Drive |