£398,507
This estimated value is based upon the latest sale price for the house of £318,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £318,000 | 29 Mar 2018 |
| £160,000 | 8 Feb 2002 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 March 2018 the House Price Index for LEICESTERSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £318,000 results in an estimated price of approximately £398,507.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £318,000 | £80,507 | £398,507 |
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 | 24.995 % | £79,482 | £397,482 |
| 3 Month Average | 32.948 % | £104,775 | £422,775 |
| 6 Month Average | 26.799 % | £85,219 | £403,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £375,560 | £370,000 | 64 PRIESTHILLS ROAD |
| 23 Jun 2023 | £311,270 | £307,500 | 62 PRIESTHILLS ROAD |
| 26 Jan 2023 | £145,315 | £146,000 | 102 MOUNT ROAD |
| 9 Aug 2022 | £304,181 | £305,000 | 99 SOUTHFIELD ROAD |
| 20 Jul 2022 | £255,688 | £255,000 | 88A PRIESTHILLS ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 6 Aug 2015. Using an estimated price of £398,508 means this house is valued at £2,767 per sq meter (£257 per sq foot).
The average size of a house on THORNFIELD WAY is 139 sq meters (1,498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Southfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Priesthills Road |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Priesthills Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Princess Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jon Baker Court |