£225,833
This estimated value is based upon the latest sale price for the house of £175,500 on 5 May 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £175,500 | 5 May 2017 |
| £139,000 | 11 Sep 2013 |
| £153,950 | 29 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2017 the House Price Index for LEICESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £175,500 results in an estimated price of approximately £225,833.
| 5 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £175,500 | £50,333 | £225,833 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 45.832 % | £80,435 | £255,935 |
| 3 Month Average | 30.635 % | £53,764 | £229,264 |
| 6 Month Average | 32.416 % | £56,889 | £232,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £283,626 | £280,000 | 8 DITCHLING AVENUE |
| 30 Jun 2023 | £258,127 | £255,000 | 59 LINDFIELD ROAD |
| 1 Jun 2023 | £294,568 | £291,000 | 89 LINDFIELD ROAD |
| 11 Nov 2022 | £227,247 | £230,000 | 65 LINDFIELD ROAD |
| 11 Feb 2022 | £319,852 | £305,000 | 47 LINDFIELD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 9 Apr 2013. Using an estimated price of £225,834 means this house is valued at £2,566 per sq meter (£238 per sq foot).
The average size of a house on LANCING AVENUE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindfield Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilders Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mossgate |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Mossgate |