£434,501
This estimated value is based upon the latest sale price for the house of £350,000 on 18 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 18 Oct 2018 |
| £225,000 | 17 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 167 sq meters or 1,797 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 October 2018 the House Price Index for LEICESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £350,000 results in an estimated price of approximately £434,501.
| 18 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £350,000 | £84,501 | £434,501 |
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 | 33.708 % | £117,979 | £467,979 |
| 3 Month Average | 25.525 % | £89,339 | £439,339 |
| 6 Month Average | 26.708 % | £93,479 | £443,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 May 2024 | £180,000 | £180,000 | 77 HARCOURT ROAD |
| 6 Dec 2023 | £273,401 | £265,000 | 17 RAVENSTHORPE ROAD |
| 9 Jun 2023 | £331,646 | £325,000 | 9 THORNBY GARDENS |
| 18 Nov 2022 | £308,557 | £310,000 | 52 NEWTON LANE |
| 14 Nov 2022 | £268,743 | £270,000 | 20 HARCOURT ROAD |
This house has a floor area of 167 sq meters or 1,797 sq feet when measured on 17 Sep 2018. Using an estimated price of £434,501 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on NEWTON LANE is 155 sq meters (1,670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wye Dean Drive |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Wye Dean Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Wye Dean Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wistow Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wistow Road |