£1,088,922
This estimated value is based upon the latest sale price for the house of £1,075,000 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,075,000 | 1 Sep 2023 |
| £485,000 | 6 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 281 sq meters or 3,024 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 September 2023 the House Price Index for LEICESTERSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £1,075,000 results in an estimated price of approximately £1,088,922.
| 1 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £1,075,000 | £13,922 | £1,088,922 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 59.423 % | £638,798 | £1,713,798 |
| 3 Month Average | 5.696 % | £61,230 | £1,136,230 |
| 6 Month Average | 1.764 % | £18,961 | £1,093,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £1,088,923 | £1,075,000 | 19 STOUGHTON DRIVE SOUTH |
| 6 Apr 2023 | £1,344,476 | £1,330,000 | 1 THE FAIRWAY |
| 13 Oct 2022 | £1,048,708 | £1,060,000 | 26 KNIGHTON RISE |
| 27 Apr 2022 | £1,158,524 | £1,125,000 | 25 POWYS AVENUE |
| 20 Jan 2022 | £1,015,574 | £965,000 | 27 STOUGHTON DRIVE SOUTH |
This house has a floor area of 281 sq meters or 3,024 sq feet when measured on 21 Jan 2015. Using an estimated price of £1,088,923 means this house is valued at £3,875 per sq meter (£360 per sq foot).
The average size of a house on STOUGHTON DRIVE SOUTH is 382 sq meters (4,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oaks Way |
| Mar 2024 | Other theft | Under investigation | On or near Oaks Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaks Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Oaks Way |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oaks Way |