£248,307
This estimated value is based upon the latest sale price for the house of £250,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 7 Aug 2023 |
| £54,500 | 12 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 August 2023 the House Price Index for LEICESTERSHIRE was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £250,000 results in an estimated price of approximately £248,307.
| 7 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £250,000 | £-1,692 | £248,307 |
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 | -15.595 % | £-38,987 | £211,012 |
| 3 Month Average | -6.929 % | £-17,322 | £232,677 |
| 6 Month Average | -2.050 % | £-5,125 | £244,874 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 19 Aug 2021.
The average size of a house on FERNHURST ROAD is 116 sq meters (1,257 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Fernhurst Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fernhurst Road |
| Dec 2023 | Criminal damage and arson | Action to be taken by another organisation | On or near Fernhurst Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Midhurst Avenue |
| Feb 2024 | Public order | Under investigation | On or near Midhurst Avenue |