£364,296
This estimated value is based upon the latest sale price for the house of £366,000 on 14 Nov 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Wells Road
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| Price Paid | Date |
|---|---|
| £366,000 | 14 Nov 2022 |
| £217,000 | 5 Sep 2013 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2022 the House Price Index for LEICESTERSHIRE was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £366,000 results in an estimated price of approximately £364,296.
| 14 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £366,000 | £-1,703 | £364,296 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | -9.533 % | £-34,890 | £331,109 |
| 3 Month Average | 8.029 % | £29,387 | £395,387 |
| 6 Month Average | 2.234 % | £8,178 | £374,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £270,000 | £270,000 | 12 WELLS ROAD |
| 26 Apr 2024 | £131,139 | £130,000 | 104 RIDGWAY ROAD |
| 21 Sep 2023 | £193,260 | £189,000 | 47 WILLESLEY GARDENS |
| 31 Aug 2023 | £188,398 | £185,000 | 17 RIDGWAY ROAD |
| 3 Feb 2023 | £349,334 | £347,000 | 66 WILLESLEY GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 29 Aug 2014. Using an estimated price of £364,297 means this house is valued at £3,679 per sq meter (£341 per sq foot).
The average size of a house on WELLS ROAD is 100 sq meters (1,077 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wells Road | |
| Sep 2024 | Anti-social behaviour | On or near Wells Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wells Road |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Wells Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Staley Avenue |