£197,798
This estimated value is based upon the latest sale price for the house of £183,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £183,000 | 18 Jun 2021 |
| £146,500 | 13 Nov 2015 |
| £112,500 | 11 Jun 2004 |
| £59,500 | 31 Aug 2000 |
| £45,000 | 4 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 June 2021 the House Price Index for LEICESTERSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £183,000 results in an estimated price of approximately £197,798.
| 18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £183,000 | £14,798 | £197,798 |
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 | -16.852 % | £-30,839 | £152,160 |
| 3 Month Average | -2.210 % | £-4,044 | £178,955 |
| 6 Month Average | 2.598 % | £4,754 | £187,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2022 | £505,812 | £495,000 | 3 HERRICK WAY |
| 1 Mar 2022 | £221,314 | £212,000 | 40 LITTLE DALE |
| 18 Jun 2021 | £197,799 | £183,000 | 34 HERRICK WAY |
| 15 Jun 2021 | £399,921 | £370,000 | 8 HEARDS CLOSE |
| 18 Dec 2020 | £196,556 | £170,000 | 70 LITTLE DALE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 23 Jul 2015. Using an estimated price of £197,799 means this house is valued at £3,470 per sq meter (£322 per sq foot).
The average size of a house on HERRICK WAY is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitegates Field |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forryans Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heards Close |
| Sep 2024 | Anti-social behaviour | On or near Mablowe Field | |
| Sep 2024 | Anti-social behaviour | On or near Mablowe Field |