£222,541
This estimated value is based upon the latest sale price for the house of £205,000 on 20 Sep 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 20 Sep 2021 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 September 2021 the House Price Index for LEICESTERSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £205,000 results in an estimated price of approximately £222,541.
| 20 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £205,000 | £17,541 | £222,541 |
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 | -22.543 % | £-46,213 | £158,786 |
| 3 Month Average | 8.796 % | £18,031 | £223,031 |
| 6 Month Average | 5.698 % | £11,681 | £216,681 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £271,159 | £265,000 | 6 LINCOLN DRIVE |
| 12 Oct 2023 | £255,810 | £250,000 | 22 LINCOLN DRIVE |
| 10 Feb 2023 | £216,446 | £215,000 | 19 STAFFORD DRIVE |
| 4 Jul 2022 | £292,935 | £290,000 | 51 CORNWALL ROAD |
| 10 Jun 2022 | £224,805 | £220,000 | 27 STAFFORD DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Jun 2021. Using an estimated price of £222,542 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on CORNWALL ROAD is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Road |
| Oct 2024 | Public order | Under investigation | On or near Stafford Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Anglesey Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Glamorgan Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wright Place |