£238,919
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Nov 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£180,000 | 18 Nov 2016 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 774 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 November 2016 the House Price Index for LEICESTERSHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £180,000 results in an estimated price of approximately £238,919.
18 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £180,000 | £58,919 | £238,919 |
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 | 20.791 % | £37,423 | £217,423 |
3 Month Average | 45.249 % | £81,447 | £261,447 |
6 Month Average | 20.204 % | £36,366 | £216,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £100,000 | £100,000 | 110 WELBY LANE |
15 Apr 2024 | £90,788 | £90,000 | 3 WELLINGTON WAY |
24 Aug 2023 | £239,316 | £235,000 | 28 NEWBURY AVENUE |
18 Aug 2023 | £175,159 | £172,000 | 147 WELBY LANE |
31 Mar 2023 | £233,855 | £229,950 | 112 WELBY LANE |
This house has a floor area of 71 sq meters or 774 sq feet when measured on 29 Sep 2011. Using an estimated price of £238,919 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on ELMHURST AVENUE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmhurst Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newbury Avenue |
Jun 2024 | Violence and sexual offences | Local resolution | On or near Wellington Way |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Horse Field View |