£214,187
This estimated value is based upon the latest sale price for the house of £185,000 on 9 Jul 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £185,000 | 9 Jul 2021 |
| £158,000 | 26 Feb 2016 |
| Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 July 2021 the House Price Index for LEICESTERSHIRE was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £185,000 results in an estimated price of approximately £214,187.
| 9 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 149.7 | 15.777 % | £185,000 | £29,187 | £214,187 |
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 | 37.556 % | £69,477 | £254,477 |
| 3 Month Average | -20.730 % | £-38,350 | £146,649 |
| 6 Month Average | -5.998 % | £-11,096 | £173,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £100,000 | £100,000 | 110 WELBY LANE |
| 3 May 2024 | £170,000 | £170,000 | 14 HORSE FIELD VIEW |
| 15 Apr 2024 | £90,788 | £90,000 | 3 WELLINGTON WAY |
| 28 Mar 2024 | £274,213 | £270,000 | 9 NEWBURY AVENUE |
| 20 Dec 2023 | £165,072 | £160,000 | 30 HORSE FIELD VIEW |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Oct 2012. Using an estimated price of £214,188 means this house is valued at £2,818 per sq meter (£261 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Horse Field View |
| Sep 2024 | Anti-social behaviour | On or near Horse Field View | |
| Sep 2024 | Anti-social behaviour | On or near Horse Field View | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welby Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Morley Close |