£227,181
This estimated value is based upon the latest sale price for the house of £183,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £183,000 | 19 Oct 2018 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for LEICESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £183,000 results in an estimated price of approximately £227,181.
| 19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £183,000 | £44,181 | £227,181 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 18.861 % | £34,514 | £217,514 |
| 3 Month Average | 20.752 % | £37,975 | £220,975 |
| 6 Month Average | 26.927 % | £49,276 | £232,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £200,000 | £200,000 | 6A GARDEN LANE |
| 15 Sep 2023 | £345,108 | £337,500 | 17 HIGHFIELD AVENUE |
| 22 Mar 2023 | £223,736 | £220,000 | 48 WELBY LANE |
| 22 Jul 2022 | £247,480 | £245,000 | 52 HIGHFIELD AVENUE |
| 15 Jul 2022 | £222,227 | £220,000 | 17 WELBY LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Mar 2017. Using an estimated price of £227,182 means this house is valued at £2,804 per sq meter (£260 per sq foot).
The average size of a house on WELBY LANE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welby Lane |
| Oct 2024 | Anti-social behaviour | On or near Sysonby Street | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sysonby Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sysonby Street |
| Jul 2024 | Anti-social behaviour | On or near Sysonby Street |