£573,556
This estimated value is based upon the latest sale price for the house of £510,000 on 22 Apr 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £510,000 | 22 Apr 2021 |
| 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 April 2021 the House Price Index for LEICESTERSHIRE was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £510,000 results in an estimated price of approximately £573,556.
| 22 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £510,000 | £63,556 | £573,556 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 20.772 % | £105,936 | £615,936 |
| 3 Month Average | 1.085 % | £5,531 | £515,531 |
| 6 Month Average | -4.338 % | £-22,121 | £487,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £454,297 | £450,000 | 32 GARLAND |
| 13 Jan 2023 | £693,905 | £700,000 | 37 GARLAND |
| 27 Oct 2022 | £596,138 | £605,000 | 14 BARLEY WAY |
| 25 Aug 2022 | £260,242 | £262,000 | 97 MOUNTSORREL LANE |
| 6 May 2022 | £380,658 | £375,000 | 69 MOUNTSORREL LANE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 11 Jan 2021. Using an estimated price of £573,556 means this house is valued at £4,516 per sq meter (£419 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Badgers Bank |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farnham Close |
| Apr 2024 | Public order | Under investigation | On or near Farnham Close |
| Apr 2024 | Other crime | Under investigation | On or near Farnham Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Farnham Close |