£277,706
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 26 Jul 2018 |
| £95,000 | 23 Jan 2003 |
| £42,000 | 23 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,354 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 July 2018 the House Price Index for LEICESTERSHIRE was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £225,000 results in an estimated price of approximately £277,706.
| 26 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £225,000 | £52,706 | £277,706 |
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 | 6.202 % | £13,954 | £238,954 |
| 3 Month Average | 17.737 % | £39,909 | £264,909 |
| 6 Month Average | 28.006 % | £63,014 | £288,014 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £213,988 | £215,000 | 21 FAIRBOURNE ROAD |
| 21 Nov 2022 | £240,106 | £244,000 | 60 BRAUNSTONE CLOSE |
| 22 Aug 2022 | £218,523 | £220,000 | 22 STRATFORD ROAD |
| 15 Jul 2022 | £235,682 | £236,000 | 29 STRATFORD ROAD |
| 9 Nov 2021 | £172,344 | £160,000 | 10 FRANKSON AVENUE |
This house has a floor area of 125 sq meters or 1,354 sq feet when measured on 25 Aug 2011. Using an estimated price of £277,707 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on FAIRBOURNE ROAD is 93 sq meters (1,004 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,354 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fairbourne Road |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Stratford Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stratford Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Road |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Stratford Road |