£269,458
This estimated value is based upon the latest sale price for the house of £159,500 on 10 Nov 2006. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £159,500 | 10 Nov 2006 |
| £145,000 | 18 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 November 2006 the House Price Index for LEICESTERSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £159,500 results in an estimated price of approximately £269,458.
| 10 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 149.7 | 68.940 % | £159,500 | £109,958 | £269,458 |
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 | 41.827 % | £66,714 | £226,214 |
| 3 Month Average | 67.612 % | £107,841 | £267,341 |
| 6 Month Average | 70.594 % | £112,597 | £272,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £306,762 | £300,000 | 28 ST IVES ROAD |
| 28 Apr 2023 | £241,008 | £236,500 | 3 ST IVES ROAD |
| 18 Dec 2020 | £219,680 | £190,000 | 57 FALMOUTH DRIVE |
| 4 Dec 2020 | £246,851 | £213,500 | 62 FALMOUTH DRIVE |
| 4 Dec 2020 | £283,271 | £245,000 | 59 ST IVES ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 23 Mar 2016. Using an estimated price of £269,459 means this house is valued at £2,449 per sq meter (£227 per sq foot).
The average size of a house on PENZANCE AVENUE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Falmouth Drive |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near St Ives Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Davenport Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Truro Drive |