£218,280
This estimated value is based upon the latest sale price for the house of £106,000 on 30 Apr 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £106,000 | 30 Apr 2004 |
| £95,000 | 1 Aug 2003 |
| £67,000 | 25 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 886 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 April 2004 the House Price Index for LEICESTERSHIRE was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £106,000 results in an estimated price of approximately £218,280.
| 30 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £106,000 | £112,280 | £218,280 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 74.934 % | £79,429 | £185,429 |
| 3 Month Average | 87.946 % | £93,223 | £199,223 |
| 6 Month Average | 97.244 % | £103,078 | £209,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £194,416 | £190,000 | 2 MAYFIELD STREET |
| 2 Oct 2023 | £190,323 | £186,000 | 20 JARVIS DRIVE |
| 15 Sep 2023 | £345,108 | £337,500 | 17 HIGHFIELD AVENUE |
| 22 Mar 2023 | £223,736 | £220,000 | 48 WELBY LANE |
| 10 Mar 2023 | £238,991 | £235,000 | 22 MAYFIELD STREET |
This house has a floor area of 82 sq meters or 886 sq feet when measured on 19 Feb 2010. Using an estimated price of £218,281 means this house is valued at £2,649 per sq meter (£246 per sq foot).
The average size of a house on WELBY LANE is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Brookfield Court |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookfield Court |
| Oct 2024 | Public order | Under investigation | On or near Brookfield Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Brookfield Street |
| Sep 2024 | Anti-social behaviour | On or near Brookfield Street |