£248,899
This estimated value is based upon the latest sale price for the house of £200,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£200,000 | 7 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 January 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £200,000 results in an estimated price of approximately £248,899.
7 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.450 % | £200,000 | £48,899 | £248,899 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 19.264 % | £38,528 | £238,528 |
3 Month Average | 22.983 % | £45,966 | £245,966 |
6 Month Average | 21.006 % | £42,011 | £242,011 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £255,485 | £249,000 | 9 BARN CLOSE |
25 Aug 2023 | £224,041 | £220,000 | 17 SAXONDALE ROAD |
21 Aug 2023 | £274,959 | £270,000 | 164 WELFORD ROAD |
23 Jun 2023 | £229,601 | £225,000 | 35 SAXONDALE ROAD |
3 Feb 2023 | £237,587 | £236,000 | 184 WELFORD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Jul 2018. Using an estimated price of £248,900 means this house is valued at £3,771 per sq meter (£350 per sq foot).
The average size of a house on MEADOW HILL is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Hill |
Jul 2024 | Anti-social behaviour | On or near Meadow Hill | |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Hill |
Jun 2024 | Other crime | Under investigation | On or near Meadow Hill |
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Meadow Hill |