£247,274
This estimated value is based upon the latest sale price for the house of £199,950 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £199,950 | 26 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2019 the House Price Index for LEICESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £199,950 results in an estimated price of approximately £247,274.
| 26 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £199,950 | £47,324 | £247,274 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 13.022 % | £26,037 | £225,987 |
| 3 Month Average | 8.991 % | £17,977 | £217,927 |
| 6 Month Average | 19.016 % | £38,021 | £237,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £238,531 | £235,000 | 42 NEWSTEAD AVENUE |
| 8 Nov 2023 | £245,637 | £242,000 | 16 RANTON WAY |
| 1 Jun 2023 | £303,628 | £299,950 | 12 COMBE CLOSE |
| 23 Mar 2023 | £222,092 | £220,000 | 3 COMBE CLOSE |
| 27 May 2022 | £107,016 | £105,000 | 15 RANTON WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 19 Oct 2018. Using an estimated price of £247,274 means this house is valued at £3,863 per sq meter (£358 per sq foot).
The average size of a house on RANTON WAY is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Ranton Way | |
| Feb 2024 | Anti-social behaviour | On or near Ranton Way | |
| Dec 2023 | Vehicle crime | Under investigation | On or near Wroxall Way |
| Mar 2024 | Other theft | Under investigation | On or near Felley Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Felley Way |