£214,466
This estimated value is based upon the latest sale price for the house of £125,000 on 6 Aug 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £125,000 | 6 Aug 2012 |
| £133,500 | 11 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2012 the House Price Index for LEICESTERSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £125,000 results in an estimated price of approximately £214,466.
| 6 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £125,000 | £89,466 | £214,466 |
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 | 59.922 % | £74,902 | £199,902 |
| 3 Month Average | 75.834 % | £94,792 | £219,792 |
| 6 Month Average | 82.593 % | £103,241 | £228,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £306,762 | £300,000 | 28 ST IVES ROAD |
| 28 Apr 2023 | £241,008 | £236,500 | 3 ST IVES ROAD |
| 18 Dec 2020 | £219,680 | £190,000 | 57 FALMOUTH DRIVE |
| 4 Dec 2020 | £246,851 | £213,500 | 62 FALMOUTH DRIVE |
| 4 Dec 2020 | £283,271 | £245,000 | 59 ST IVES ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Oct 2012. Using an estimated price of £214,466 means this house is valued at £2,680 per sq meter (£249 per sq foot).
The average size of a house on PENZANCE AVENUE is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Falmouth Drive |
| Aug 2024 | Violence and sexual offences | Local resolution | On or near St Ives Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Davenport Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Truro Drive |