£337,263
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Apr 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Apr 2014 |
| £210,000 | 24 Aug 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,244 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in April 2014 the House Price Index for LEICESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £215,000 results in an estimated price of approximately £337,263.
| 24 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £215,000 | £122,263 | £337,263 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 132.908 % | £285,751 | £500,751 |
| 3 Month Average | 112.285 % | £241,413 | £456,413 |
| 6 Month Average | 99.818 % | £214,609 | £429,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £507,802 | £500,000 | 47 SCRAPTOFT LANE |
| 11 Mar 2024 | £355,461 | £350,000 | 48 SCRAPTOFT LANE |
| 22 Nov 2023 | £310,892 | £303,000 | 18 PINE TREE AVENUE |
| 9 Nov 2023 | £351,934 | £343,000 | 19 SCRAPTOFT LANE |
| 22 Jun 2022 | £490,485 | £480,000 | 11 MONTEREY COURT |
This house has a floor area of 115 sq meters or 1,244 sq feet when measured on 31 Mar 2010. Using an estimated price of £337,263 means this house is valued at £2,917 per sq meter (£271 per sq foot).
The average size of a house on SCRAPTOFT LANE is 123 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Investigation complete; no suspect identified | On or near Scraptoft Mews |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scraptoft Mews |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pine Tree Avenue |
| Aug 2024 | Anti-social behaviour | On or near Pine Tree Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Pine Tree Avenue |