£510,029
This estimated value is based upon the latest sale price for the house of £473,500 on 1 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£473,500 | 1 Nov 2021 |
£180,000 | 27 Apr 2012 |
Detached |
Freehold |
Floor Area: 85 sq meters or 916 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 November 2021 the House Price Index for LEICESTER was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £473,500 results in an estimated price of approximately £510,029.
1 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 148.0 | 7.715 % | £473,500 | £36,529 | £510,029 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | -10.465 % | £-49,550 | £423,949 |
3 Month Average | -5.287 % | £-25,032 | £448,467 |
6 Month Average | 2.151 % | £10,185 | £483,685 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £351,186 | £350,000 | 48 SCRAPTOFT LANE |
22 Nov 2023 | £306,940 | £303,000 | 18 PINE TREE AVENUE |
24 Aug 2023 | £437,661 | £435,000 | 13 GREENLAND DRIVE |
30 Jun 2023 | £305,981 | £303,500 | 76 PINE TREE AVENUE |
9 Jun 2023 | £322,616 | £320,000 | 53 TENNIS COURT DRIVE |
This house has a floor area of 85 sq meters or 916 sq feet when measured on 19 Jan 2012. Using an estimated price of £510,029 means this house is valued at £5,987 per sq meter (£556 per sq foot).
The average size of a house on PINE TREE AVENUE is 120 sq meters (1,297 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Monterey Court |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Tennis Court Drive |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tennis Court Drive |
Apr 2024 | Public order | Under investigation | On or near Tennis Court Drive |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennis Court Drive |