£327,437
This estimated value is based upon the latest sale price for the house of £101,500 on 16 Nov 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £101,500 | 16 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 November 2001 the House Price Index for LEICESTERSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £101,500 results in an estimated price of approximately £327,437.
| 16 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £101,500 | £225,937 | £327,437 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 197.789 % | £200,756 | £302,256 |
| 3 Month Average | 232.606 % | £236,095 | £337,595 |
| 6 Month Average | 243.249 % | £246,897 | £348,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £472,004 | £457,500 | 29 LOWER PACKINGTON ROAD |
| 15 Dec 2023 | £165,072 | £160,000 | 22 WESTERN CLOSE |
| 24 Nov 2023 | £216,496 | £211,000 | 31 AVENUE ROAD |
| 12 Oct 2023 | £388,831 | £380,000 | 13 LOWER PACKINGTON ROAD |
| 25 Aug 2023 | £346,245 | £340,000 | 33 LOWER PACKINGTON ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 4 May 2018. Using an estimated price of £327,438 means this house is valued at £3,089 per sq meter (£286 per sq foot).
The average size of a house on LOWER PACKINGTON ROAD is 121 sq meters (1,312 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Western Close |
| Oct 2024 | Anti-social behaviour | On or near Spinney Close | |
| Sep 2024 | Anti-social behaviour | On or near Spinney Close | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spinney Close |
| Sep 2024 | Anti-social behaviour | On or near Spinney Close |