£365,446
This estimated value is based upon the latest sale price for the house of £300,000 on 29 Jul 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 29 Jul 2020 |
| £227,000 | 20 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2020 the House Price Index for LEICESTERSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £300,000 results in an estimated price of approximately £365,446.
| 29 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £300,000 | £65,446 | £365,446 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 16.699 % | £50,096 | £350,096 |
| 3 Month Average | 17.138 % | £51,413 | £351,413 |
| 6 Month Average | 14.718 % | £44,155 | £344,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £310,000 | £310,000 | 71 MERE ROAD |
| 20 Jun 2024 | £375,000 | £375,000 | 143 MERE ROAD |
| 14 Jun 2024 | £332,500 | £332,500 | 125 MERE ROAD |
| 14 Jun 2024 | £222,000 | £222,000 | 43 HARRINGTON ROAD |
| 19 Apr 2024 | £324,316 | £321,500 | 119 MERE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 15 Apr 2015. Using an estimated price of £365,446 means this house is valued at £3,729 per sq meter (£346 per sq foot).
The average size of a house on MERE ROAD is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hayes Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Hayes Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Middleton Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Middleton Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |