£172,225
This estimated value is based upon the latest sale price for the house of £36,500 on 13 Mar 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £36,500 | 13 Mar 1998 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 1998 the House Price Index for LEICESTERSHIRE was 31.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 371.849%.Applying this 371.849% change to the original purchase price of £36,500 results in an estimated price of approximately £172,225.
| 13 Mar 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 146.7 | 371.849 % | £36,500 | £135,725 | £172,225 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 410.364 % | £149,782 | £186,282 |
| 3 Month Average | 359.169 % | £131,096 | £167,596 |
| 6 Month Average | 351.706 % | £128,372 | £164,872 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Nov 2016.
The average size of a house on ORCHARDS DRIVE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherry Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gold Hill Court |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Manor Street |