£153,744
This estimated value is based upon the latest sale price for the house of £121,050 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £121,050 | 18 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2017 the House Price Index for LEICESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £121,050 results in an estimated price of approximately £153,744.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £121,050 | £32,694 | £153,744 |
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 | 25.532 % | £30,906 | £151,956 |
| 3 Month Average | 16.118 % | £19,510 | £140,560 |
| 6 Month Average | 26.985 % | £32,665 | £153,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £167,023 | £165,000 | 12 OVERPARK AVENUE |
| 30 Aug 2022 | £210,434 | £211,000 | 77 WINSTANLEY DRIVE |
| 23 May 2022 | £101,920 | £100,000 | 23 HAMELIN ROAD |
| 4 Mar 2022 | £232,123 | £224,000 | 10 ROSE FARM CLOSE |
| 31 Jan 2022 | £210,482 | £200,000 | 16 ERDYNGTON ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 May 2017. Using an estimated price of £153,744 means this house is valued at £1,971 per sq meter (£183 per sq foot).
The average size of a house on WINSTANLEY DRIVE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hinckley Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hinckley Road |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Hinckley Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hinckley Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hinckley Road |