£248,683
This estimated value is based upon the latest sale price for the house of £145,500 on 12 Mar 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,500 | 12 Mar 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,153 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 March 2012 the House Price Index for LEICESTERSHIRE was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £145,500 results in an estimated price of approximately £248,683.
| 12 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £145,500 | £103,183 | £248,683 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 61.657 % | £89,710 | £235,210 |
| 3 Month Average | 62.131 % | £90,400 | £235,900 |
| 6 Month Average | 68.256 % | £99,313 | £244,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £171,500 | £170,000 | 17 ARDEN AVENUE |
| 17 Feb 2023 | £214,855 | £215,000 | 21 FAIRBOURNE ROAD |
| 22 Aug 2022 | £219,409 | £220,000 | 22 STRATFORD ROAD |
| 15 Jul 2022 | £236,637 | £236,000 | 29 STRATFORD ROAD |
| 10 Mar 2021 | £211,491 | £190,000 | 18 STRATFORD ROAD |
This house has a floor area of 107 sq meters or 1,153 sq feet when measured on 17 Jan 2012. Using an estimated price of £248,683 means this house is valued at £2,319 per sq meter (£215 per sq foot).
The average size of a house on STRATFORD ROAD is 87 sq meters (944 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Road |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Stratford Road |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Stratford Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratford Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Stratford Road |