£248,849
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 24 Feb 2017 |
| £136,000 | 10 Jul 2015 |
| £138,000 | 19 Apr 2013 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2017 the House Price Index for LEICESTERSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £190,000 results in an estimated price of approximately £248,849.
| 24 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 149.7 | 30.973 % | £190,000 | £58,849 | £248,849 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 47.933 % | £91,072 | £281,072 |
| 3 Month Average | 22.462 % | £42,677 | £232,677 |
| 6 Month Average | 26.156 % | £49,695 | £239,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £325,769 | £317,500 | 6 BELLFIELDS LANE |
| 6 Apr 2023 | £1,630,497 | £1,600,000 | 11 RECTORY LANE |
| 6 Apr 2023 | £833,082 | £817,500 | 127 SCOTLAND ROAD |
| 30 Sep 2021 | £260,537 | £240,000 | 16 RECTORY LANE |
| 24 Sep 2021 | £271,392 | £250,000 | 38 CHURCH WALK |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Nov 2016. Using an estimated price of £248,849 means this house is valued at £3,456 per sq meter (£321 per sq foot).
The average size of a house on RECTORY LANE is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Rectory Lane | |
| Sep 2024 | Anti-social behaviour | On or near Rectory Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Lane | |
| Aug 2024 | Anti-social behaviour | On or near Rectory Lane |