£324,109
This estimated value is based upon the latest sale price for the house of £239,950 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Oakthorpe Avenue
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| Price Paid | Date |
|---|---|
| £239,950 | 31 Mar 2016 |
| £165,000 | 27 Jun 2008 |
| £126,000 | 28 Oct 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 March 2016 the House Price Index for LEICESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £239,950 results in an estimated price of approximately £324,109.
| 31 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £239,950 | £84,159 | £324,109 |
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 | 48.676 % | £116,797 | £356,747 |
| 3 Month Average | 39.974 % | £95,916 | £335,866 |
| 6 Month Average | 50.675 % | £121,593 | £361,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2023 | £282,663 | £280,000 | 12 FRAMPTON AVENUE |
| 12 Aug 2022 | £299,195 | £300,000 | 76 DORCHESTER ROAD |
| 24 Jun 2022 | £285,535 | £281,500 | 25 OAKTHORPE AVENUE |
| 13 May 2022 | £270,089 | £265,000 | 122 AINSDALE ROAD |
| 11 May 2022 | £305,761 | £300,000 | 148 AINSDALE ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 2 Sep 2015. Using an estimated price of £324,109 means this house is valued at £2,723 per sq meter (£253 per sq foot).
The average size of a house on OAKTHORPE AVENUE is 101 sq meters (1,090 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakthorpe Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakthorpe Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakthorpe Avenue |
| Mar 2024 | Anti-social behaviour | On or near Dorchester Road | |
| Feb 2024 | Drugs | Formal action is not in the public interest | On or near Dorchester Road |