£325,877
This estimated value is based upon the latest sale price for the house of £320,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 18 Aug 2023 |
| £181,000 | 25 Sep 2009 |
| £170,000 | 17 Jun 2004 |
| £134,000 | 18 Oct 2002 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 751 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 2023 the House Price Index for LEICESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £320,000 results in an estimated price of approximately £325,877.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £320,000 | £5,877 | £325,877 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | -4.406 % | £-14,100 | £305,899 |
| 3 Month Average | 4.842 % | £15,493 | £335,493 |
| 6 Month Average | 2.795 % | £8,943 | £328,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £325,878 | £320,000 | 8 MACAULAY ROAD |
| 16 Aug 2022 | £547,560 | £545,000 | 64 MACAULAY ROAD |
| 7 Apr 2022 | £409,782 | £395,000 | 48 MACAULAY ROAD |
| 25 Mar 2022 | £317,356 | £304,000 | 3 DYSON CLOSE |
| 11 Mar 2022 | £373,206 | £357,500 | 1 TENNYSON ROAD |
This house has a floor area of 69 sq meters or 751 sq feet when measured on 18 Mar 2009. Using an estimated price of £325,878 means this house is valued at £4,666 per sq meter (£433 per sq foot).
The average size of a house on MACAULAY ROAD is 132 sq meters (1,421 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Possession of weapons | Awaiting court outcome | On or near Sports/Recreation Area |
| Nov 2024 | Possession of weapons | Awaiting court outcome | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Sports/Recreation Area |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Macaulay Road |