£339,937
This estimated value is based upon the latest sale price for the house of £275,000 on 23 May 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£275,000 | 23 May 2019 |
£126,500 | 21 Jun 2002 |
£74,970 | 31 Jul 1998 |
Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 May 2019 the House Price Index for LEICESTERSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £275,000 results in an estimated price of approximately £339,937.
23 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £275,000 | £64,937 | £339,937 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | -3.253 % | £-8,944 | £266,055 |
3 Month Average | 22.641 % | £62,263 | £337,263 |
6 Month Average | 21.714 % | £59,712 | £334,712 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £263,367 | £260,000 | 59 ALDIN WAY |
18 Aug 2023 | £256,242 | £254,000 | 18 MORLAND DRIVE |
24 Feb 2023 | £259,825 | £260,000 | 71 LANDSEER DRIVE |
10 Feb 2023 | £279,812 | £280,000 | 30 ALDIN WAY |
1 Apr 2022 | £334,685 | £325,000 | 55 LANDSEER DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 27 Oct 2018. Using an estimated price of £339,938 means this house is valued at £3,433 per sq meter (£319 per sq foot).
The average size of a house on MORLAND DRIVE is 105 sq meters (1,136 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Landseer Drive |
Jan 2024 | Possession of weapons | Local resolution | On or near Munnings Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Wykin Road |
Jan 2024 | Anti-social behaviour | On or near Wykin Road | |
Jan 2024 | Anti-social behaviour | On or near Wykin Road |