£252,225
This estimated value is based upon the latest sale price for the house of £147,000 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,000 | 15 Sep 2006 |
| £59,000 | 10 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 September 2006 the House Price Index for LEICESTERSHIRE was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £147,000 results in an estimated price of approximately £252,225.
| 15 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 149.7 | 71.582 % | £147,000 | £105,225 | £252,225 |
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 | 73.076 % | £107,421 | £254,421 |
| 3 Month Average | 94.929 % | £139,545 | £286,545 |
| 6 Month Average | 79.941 % | £117,513 | £264,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,557 | £360,140 | 56 FARMWAY |
| 26 Sep 2023 | £274,041 | £268,000 | 52 FARMWAY |
| 29 Mar 2023 | £300,010 | £295,000 | 112 LUBBESTHORPE ROAD |
| 20 Feb 2023 | £251,681 | £250,000 | 28 FARMWAY |
| 18 Jul 2022 | £227,277 | £225,000 | 58 LUBBESTHORPE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 14 Nov 2013. Using an estimated price of £252,225 means this house is valued at £2,272 per sq meter (£211 per sq foot).
The average size of a house on FARMWAY is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Lubbesthorpe Road |
| Sep 2024 | Drugs | Local resolution | On or near Lubbesthorpe Road |
| Aug 2024 | Anti-social behaviour | On or near Lubbesthorpe Road | |
| Aug 2024 | Anti-social behaviour | On or near Lubbesthorpe Road | |
| Aug 2024 | Anti-social behaviour | On or near Lubbesthorpe Road |