£370,441
This estimated value is based upon the latest sale price for the house of £145,000 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 20 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,342 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 December 2002 the House Price Index for LEICESTERSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £145,000 results in an estimated price of approximately £370,441.
| 20 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £145,000 | £225,441 | £370,441 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 155.044 % | £224,814 | £369,814 |
| 3 Month Average | 122.311 % | £177,350 | £322,350 |
| 6 Month Average | 120.503 % | £174,729 | £319,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jan 2023 | £260,697 | £260,000 | 77 ARDEN WAY |
| 21 Nov 2022 | £239,878 | £241,000 | 3 LINCOLN COURT |
| 19 Aug 2022 | £469,194 | £467,000 | 33 THE RIDGEWAY |
| 22 Jul 2022 | £220,206 | £218,000 | 7 LINCOLN COURT |
| 8 Sep 2021 | £352,810 | £325,000 | 62 THE RIDGEWAY |
This house has a floor area of 124 sq meters or 1,342 sq feet when measured on 22 Oct 2010. Using an estimated price of £370,442 means this house is valued at £2,971 per sq meter (£276 per sq foot).
The average size of a house on THE RIDGEWAY is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near The Ridgeway | |
| Aug 2024 | Anti-social behaviour | On or near The Ridgeway | |
| Aug 2024 | Anti-social behaviour | On or near The Ridgeway | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Oak Close |