£343,452
This estimated value is based upon the latest sale price for the house of £260,000 on 12 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 12 Dec 2016 |
| £179,000 | 29 Jul 2011 |
| £183,500 | 21 Jul 2006 |
| £159,000 | 17 Mar 2004 |
| £110,000 | 10 May 2002 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,172 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 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £260,000 results in an estimated price of approximately £343,452.
| 12 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £260,000 | £83,452 | £343,452 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 93.679 % | £243,566 | £503,566 |
| 3 Month Average | 44.452 % | £115,574 | £375,574 |
| 6 Month Average | 43.071 % | £111,985 | £371,985 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £160,000 | £160,000 | 5 NORTHFIELD DRIVE |
| 8 Dec 2023 | £257,926 | £250,000 | 12 ROWAN AVENUE |
| 30 Oct 2023 | £222,555 | £217,500 | 89 GREENHILL ROAD |
| 27 Oct 2023 | £230,229 | £225,000 | 50 NORTHFIELD DRIVE |
| 21 Aug 2023 | £247,209 | £242,750 | 55 NORTHFIELD DRIVE |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 29 Mar 2011. Using an estimated price of £343,453 means this house is valued at £3,153 per sq meter (£293 per sq foot).
The average size of a house on GREENHILL ROAD is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maplewell |
| Sep 2024 | Drugs | Local resolution | On or near Windsor Close |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Northfield Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Northfield Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northfield Drive |