£468,390
This estimated value is based upon the latest sale price for the house of £452,000 on 25 Mar 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Markfield Lane
More crime details
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| Price Paid | Date |
|---|---|
| £452,000 | 25 Mar 2022 |
| £287,250 | 4 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2022 the House Price Index for LEICESTERSHIRE was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £452,000 results in an estimated price of approximately £468,390.
| 25 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £452,000 | £16,390 | £468,390 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 5.988 % | £27,064 | £479,064 |
| 3 Month Average | -0.823 % | £-3,719 | £448,280 |
| 6 Month Average | 7.762 % | £35,082 | £487,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £405,130 | £399,950 | 307 LEICESTER ROAD |
| 14 Sep 2023 | £384,922 | £380,000 | 197 MARKFIELD LANE |
| 11 Aug 2023 | £288,524 | £286,000 | 300 LEICESTER ROAD |
| 22 Jul 2022 | £280,756 | £280,000 | 293 MARKFIELD LANE |
| 25 Mar 2022 | £468,391 | £452,000 | 199 MARKFIELD LANE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 6 Sep 2021. Using an estimated price of £468,391 means this house is valued at £4,003 per sq meter (£371 per sq foot).
The average size of a house on MARKFIELD LANE is 131 sq meters (1,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Markfield Lane |
| Mar 2024 | Anti-social behaviour | On or near Markfield Lane | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Markfield Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Charnwood Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Charnwood Drive |