£238,825
This estimated value is based upon the latest sale price for the house of £220,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 24 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 48 sq meters or 516 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 September 2021 the House Price Index for LEICESTERSHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £220,000 results in an estimated price of approximately £238,825.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £220,000 | £18,825 | £238,825 |
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 | -23.061 % | £-50,733 | £169,266 |
| 3 Month Average | 1.337 % | £2,940 | £222,940 |
| 6 Month Average | 5.302 % | £11,664 | £231,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £280,051 | £275,000 | 25 DURNFORD ROAD |
| 26 Aug 2022 | £241,128 | £240,000 | 2 PARKSTONE CLOSE |
| 1 Aug 2022 | £346,621 | £345,000 | 19 DURNFORD ROAD |
| 29 Jul 2022 | £228,161 | £225,875 | 25 FRESHWATER CLOSE |
| 7 Apr 2022 | £228,233 | £220,000 | 3 PARKSTONE CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 14 Jun 2021. Using an estimated price of £238,825 means this house is valued at £4,975 per sq meter (£462 per sq foot).
The average size of a house on DURNFORD ROAD is 97 sq meters (1,051 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkstone Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Netton Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Freshwater Close |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Barnstaple Close |
| Jun 2024 | Other crime | Further action is not in the public interest | On or near Barnstaple Close |