£222,350
This estimated value is based upon the latest sale price for the house of £129,000 on 19 Dec 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £129,000 | 19 Dec 2011 |
| £117,500 | 15 Jan 2004 |
| £57,950 | 7 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 December 2011 the House Price Index for LEICESTERSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £129,000 results in an estimated price of approximately £222,350.
| 19 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £129,000 | £93,350 | £222,350 |
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 | 40.365 % | £52,071 | £181,071 |
| 3 Month Average | 63.338 % | £81,705 | £210,705 |
| 6 Month Average | 66.999 % | £86,428 | £215,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £298,211 | £295,000 | 20 THATCH MEADOW DRIVE |
| 3 Mar 2023 | £388,662 | £385,000 | 3 THATCH MEADOW DRIVE |
| 15 Jul 2022 | £340,918 | £340,000 | 7 STAMP CLOSE |
| 20 Jun 2022 | £223,154 | £220,000 | 24 THATCH MEADOW DRIVE |
| 29 Jul 2021 | £356,272 | £310,000 | 1 STOCKWELL CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 1 Jul 2021. Using an estimated price of £222,351 means this house is valued at £4,117 per sq meter (£382 per sq foot).
The average size of a house on THATCH MEADOW DRIVE is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Woodbreach Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlongs |
| Apr 2024 | Possession of weapons | Under investigation | On or near Ashley Way |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way | |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way |