£215,695
This estimated value is based upon the latest sale price for the house of £175,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £175,000 | 21 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 February 2020 the House Price Index for LEICESTERSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £175,000 results in an estimated price of approximately £215,695.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £175,000 | £40,695 | £215,695 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 30.605 % | £53,558 | £228,558 |
| 3 Month Average | 7.170 % | £12,548 | £187,548 |
| 6 Month Average | 12.570 % | £21,997 | £196,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £355,461 | £350,000 | 2 HOPTON FIELDS |
| 6 Nov 2023 | £410,418 | £400,000 | 74 RAINSBOROUGH GARDENS |
| 20 Feb 2023 | £216,446 | £215,000 | 7 HOPTON FIELDS |
| 13 Jan 2023 | £300,804 | £300,000 | 98 RAINSBOROUGH GARDENS |
| 24 Aug 2022 | £232,085 | £231,000 | 18 LINDSEY GARDENS |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 6 Nov 2013. Using an estimated price of £215,696 means this house is valued at £3,037 per sq meter (£282 per sq foot).
The average size of a house on RITCHIE PARK is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Vaughan Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Selby Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Selby Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Huntingdon Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |