£197,269
This estimated value is based upon the latest sale price for the house of £115,000 on 4 Jan 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 4 Jan 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 891 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 January 2011 the House Price Index for LEICESTERSHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.539%.Applying this 71.539% change to the original purchase price of £115,000 results in an estimated price of approximately £197,269.
| 4 Jan 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.539 % | £115,000 | £82,269 | £197,269 |
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 | 64.024 % | £73,627 | £188,627 |
| 3 Month Average | 58.775 % | £67,590 | £182,590 |
| 6 Month Average | 69.525 % | £79,954 | £194,954 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £123,833 | £122,000 | FLAT 5 WATERGATE COURT WATERGATE LANE |
| 4 Aug 2023 | £242,118 | £240,000 | 29 MILLFIELD CRESCENT |
| 31 Jul 2023 | £126,705 | £125,000 | FLAT 6 WATERGATE COURT WATERGATE LANE |
| 7 Jun 2023 | £323,924 | £320,000 | 1 BLOXOMS CLOSE |
| 15 Mar 2023 | £243,292 | £241,000 | 18 MILLFIELD CRESCENT |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 5 Mar 2010. Using an estimated price of £197,269 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on LUBBESTHORPE ROAD is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bloxams Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bloxams Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bloxams Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Millfield Crescent |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millfield Crescent |