£273,205
This estimated value is based upon the latest sale price for the house of £267,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £267,000 | 31 Oct 2023 |
| £184,650 | 6 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £267,000 results in an estimated price of approximately £273,205.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £267,000 | £6,205 | £273,205 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -26.351 % | £-70,356 | £196,643 |
| 3 Month Average | -0.878 % | £-2,345 | £264,654 |
| 6 Month Average | -5.117 % | £-13,663 | £253,336 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £86,326 | £85,000 | 31 GREAT CENTRAL ROAD |
| 11 Dec 2023 | £121,225 | £117,500 | 58 KING STREET |
| 31 Oct 2023 | £273,205 | £267,000 | 7 FAY DRIVE |
| 12 Jun 2023 | £132,607 | £129,950 | 14 WHARNCLIFFE ROAD |
| 11 Mar 2023 | £183,057 | £180,000 | 47 BENTLEY CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 27 Jun 2018. Using an estimated price of £273,205 means this house is valued at £2,506 per sq meter (£232 per sq foot).
The average size of a house on FAY DRIVE is 90 sq meters (976 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fay Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Robinson Crescent |
| Oct 2024 | Other theft | Under investigation | On or near Henderson Way |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Henderson Way |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Henderson Way |