£309,266
This estimated value is based upon the latest sale price for the house of £166,000 on 26 May 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £166,000 | 26 May 2005 |
| £40,500 | 17 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2005 the House Price Index for LEICESTER was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £166,000 results in an estimated price of approximately £309,266.
| 26 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £166,000 | £143,266 | £309,266 |
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 | 145.406 % | £241,374 | £407,374 |
| 3 Month Average | 109.013 % | £180,962 | £346,962 |
| 6 Month Average | 107.265 % | £178,060 | £344,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £215,894 | £212,000 | 86 HAVENCREST DRIVE |
| 20 Apr 2023 | £300,623 | £295,000 | 27 THE PARKWAY |
| 27 Mar 2023 | £236,703 | £232,750 | 90 HAVENCREST DRIVE |
| 22 Mar 2023 | £261,873 | £257,500 | 29 THE PARKWAY |
| 20 Feb 2023 | £246,648 | £245,000 | 14 BRYNGARTH CRESCENT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 5 Feb 2020. Using an estimated price of £309,266 means this house is valued at £3,596 per sq meter (£334 per sq foot).
The average size of a house on THE PARKWAY is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Havencrest Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Bryngarth Crescent |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colchester Road |
| Aug 2024 | Drugs | Unable to prosecute suspect | On or near Colchester Road |