£517,407
This estimated value is based upon the latest sale price for the house of £320,000 on 19 Dec 2013. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £320,000 | 19 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 December 2013 the House Price Index for LEICESTER was 92.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.690%.Applying this 61.690% change to the original purchase price of £320,000 results in an estimated price of approximately £517,407.
| 19 Dec 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 149.7 | 61.690 % | £320,000 | £197,407 | £517,407 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 122.025 % | £390,479 | £710,479 |
| 3 Month Average | 108.576 % | £347,441 | £667,441 |
| 6 Month Average | 101.707 % | £325,461 | £645,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £290,000 | £290,000 | 28 JUDITH DRIVE |
| 14 Dec 2023 | £541,644 | £525,000 | 105 SPENCEFIELD LANE |
| 24 Apr 2023 | £715,890 | £702,500 | 103 SPENCEFIELD LANE |
| 28 Oct 2021 | £378,987 | £340,000 | 25 OAKSIDE CRESCENT |
| 27 Sep 2021 | £341,954 | £315,000 | 42 WHITEHALL ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 23 Jun 2015. Using an estimated price of £517,407 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on LANDSCAPE DRIVE is 167 sq meters (1,798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Whitehall Road | |
| Sep 2024 | Anti-social behaviour | On or near Whitehall Road | |
| Oct 2024 | Drugs | Under investigation | On or near Spencefield Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Spencefield Lane |
| Oct 2024 | Drugs | Local resolution | On or near Spencefield Lane |