£221,858
This estimated value is based upon the latest sale price for the house of £180,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 14 Feb 2020 |
| £120,000 | 17 Apr 2015 |
| £108,950 | 18 Dec 2009 |
| £82,000 | 5 Dec 2003 |
| £39,000 | 6 Oct 2000 |
| £32,000 | 19 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 February 2020 the House Price Index for LEICESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £180,000 results in an estimated price of approximately £221,858.
| 14 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £180,000 | £41,858 | £221,858 |
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 | 35.645 % | £64,160 | £244,160 |
| 3 Month Average | 35.286 % | £63,513 | £243,513 |
| 6 Month Average | 27.648 % | £49,766 | £229,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £188,638 | £187,000 | 23 MAPLIN ROAD |
| 14 Dec 2023 | £268,254 | £260,011 | 15 MAPLIN ROAD |
| 14 Nov 2023 | £201,105 | £196,000 | 6 BRINDLEY RISE |
| 14 Jul 2022 | £272,733 | £270,000 | 22 RAYLEIGH GREEN |
| 11 Feb 2022 | £253,550 | £240,000 | 44 MAPLIN ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 27 Apr 2015. Using an estimated price of £221,858 means this house is valued at £1,929 per sq meter (£179 per sq foot).
The average size of a house on RAYLEIGH GREEN is 102 sq meters (1,099 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Rayleigh Green |
| Oct 2024 | Other theft | Action to be taken by another organisation | On or near Briarfield Drive |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Briarfield Drive |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Briarfield Drive |
| Sep 2024 | Drugs | Local resolution | On or near Briarfield Drive |