£213,956
This estimated value is based upon the latest sale price for the house of £43,500 on 7 Nov 1997. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £43,500 | 7 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in November 1997 the House Price Index for LEICESTER was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £43,500 results in an estimated price of approximately £213,956.
| 7 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £43,500 | £170,456 | £213,956 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 439.291 % | £191,091 | £234,591 |
| 3 Month Average | 444.401 % | £193,314 | £236,814 |
| 6 Month Average | 447.534 % | £194,677 | £238,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £185,241 | £182,000 | 79 SCALPAY CLOSE |
| 10 Nov 2023 | £218,231 | £215,000 | 34 ORONSAY ROAD |
| 23 Feb 2023 | £237,340 | £237,500 | 17 CORNWALLIS AVENUE |
| 15 Jul 2022 | £261,704 | £261,000 | 6 BAXTERS CLOSE |
| 12 May 2022 | £225,244 | £221,000 | 32 ORONSAY ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Mar 2019. Using an estimated price of £213,957 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on SOMERFIELD WALK is 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baxters Close |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Baxters Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Baxters Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Baxters Close |
| Jan 2024 | Drugs | Local resolution | On or near Baxters Close |