£681,590
This estimated value is based upon the latest sale price for the house of £550,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 6 Jul 2018 |
| £430,050 | 27 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 July 2018 the House Price Index for LEICESTERSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £550,000 results in an estimated price of approximately £681,590.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £550,000 | £131,590 | £681,590 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -12.951 % | £-71,232 | £478,767 |
| 3 Month Average | 15.701 % | £86,357 | £636,357 |
| 6 Month Average | 22.779 % | £125,282 | £675,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £287,307 | £287,500 | 38 HIGHFIELDS DRIVE |
| 16 Jan 2023 | £438,932 | £441,000 | 56 HIGHFIELDS DRIVE |
| 14 Oct 2022 | £348,250 | £352,000 | 42 HIGHFIELDS DRIVE |
| 19 Aug 2022 | £398,926 | £400,000 | 16 HIGHFIELDS DRIVE |
| 7 Jul 2022 | £290,783 | £290,000 | 25 HIGHFIELDS DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 4 Jul 2012. Using an estimated price of £681,590 means this house is valued at £5,366 per sq meter (£498 per sq foot).
The average size of a house on FAIRMOUNT DRIVE is 140 sq meters (1,508 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Further/Higher Educational Building | |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |