£418,767
This estimated value is based upon the latest sale price for the house of £339,995 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £339,995 | 26 Apr 2019 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 2019 the House Price Index for LEICESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £339,995 results in an estimated price of approximately £418,767.
| 26 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £339,995 | £78,772 | £418,767 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 36.611 % | £124,475 | £464,470 |
| 3 Month Average | 22.614 % | £76,887 | £416,882 |
| 6 Month Average | 15.725 % | £53,463 | £393,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £290,354 | £288,000 | 5 MENDIP AVENUE |
| 31 Mar 2023 | £303,641 | £302,000 | 3 MENDIP AVENUE |
| 14 Jul 2022 | £314,575 | £315,000 | 56 AVEBURY AVENUE |
| 14 Apr 2022 | £235,897 | £230,000 | 7 MILVERTON AVENUE |
| 30 Mar 2022 | £294,142 | £285,000 | 24 MILVERTON AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 21 Nov 2018. Using an estimated price of £418,767 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on CHEDDAR GARDENS is 163 sq meters (1,763 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Gardens |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheddar Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramwell Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramwell Lane |
| Jan 2024 | Vehicle crime | Under investigation | On or near Bramwell Lane |