£414,149
This estimated value is based upon the latest sale price for the house of £410,000 on 7 Jul 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£410,000 | 7 Jul 2022 |
£385,000 | 27 Jan 2022 |
£275,000 | 20 Jul 2017 |
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 LEICESTER to estimate the market value.
When this house was purchased in July 2022 the House Price Index for LEICESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £410,000 results in an estimated price of approximately £414,149.
7 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £410,000 | £4,149 | £414,149 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | -1.744 % | £-7,150 | £402,849 |
3 Month Average | -0.074 % | £-304 | £409,695 |
6 Month Average | 3.329 % | £13,649 | £423,649 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2024 | £310,000 | £310,000 | 2 CHORLEY WOOD ROAD |
25 Sep 2023 | £347,664 | £340,000 | 22 EARLSWOOD ROAD |
7 Sep 2022 | £399,733 | £400,000 | 14 CHORLEY WOOD ROAD |
7 Jul 2022 | £414,150 | £410,000 | 21 CHORLEY WOOD ROAD |
30 Sep 2021 | £331,099 | £305,000 | 28 WOODNEWTON DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 20 Sep 2021. Using an estimated price of £414,150 means this house is valued at £3,834 per sq meter (£356 per sq foot).
The average size of a house on CHORLEY WOOD ROAD is 116 sq meters (1,254 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Chorley Wood Road |
Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Chorley Wood Road |
Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chorley Wood Road |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodnewton Drive |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Earlswood Road |