£321,408
This estimated value is based upon the latest sale price for the house of £295,000 on 15 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £295,000 | 15 Nov 2021 |
| £180,000 | 29 Apr 2016 |
| £97,500 | 26 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2021 the House Price Index for LEICESTERSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £295,000 results in an estimated price of approximately £321,408.
| 15 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £295,000 | £26,408 | £321,408 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | -2.961 % | £-8,734 | £286,265 |
| 3 Month Average | -4.142 % | £-12,218 | £282,781 |
| 6 Month Average | -4.525 % | £-13,348 | £281,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £58,508 | £58,000 | 30 CLIFTON COURT |
| 8 Dec 2023 | £185,706 | £180,000 | 18 CUMBRAE DRIVE |
| 27 Jan 2023 | £300,804 | £300,000 | 1 WALNEY CLOSE |
| 7 Nov 2022 | £274,715 | £276,000 | 6 TORRIDON WAY |
| 12 Jul 2022 | £348,492 | £345,000 | 37 OUTLANDS DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 29 Sep 2016. Using an estimated price of £321,408 means this house is valued at £3,151 per sq meter (£292 per sq foot).
The average size of a house on FARNEWAY is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lundy Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kintyre Close |
| Sep 2024 | Anti-social behaviour | On or near Deveron Way | |
| Sep 2024 | Anti-social behaviour | On or near Deveron Way | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deveron Way |