£252,496
This estimated value is based upon the latest sale price for the house of £220,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 11 Dec 2020 |
| £162,000 | 6 Nov 2018 |
| Semi-Detached |
| 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 December 2020 the House Price Index for LEICESTERSHIRE was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £220,000 results in an estimated price of approximately £252,496.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £220,000 | £32,496 | £252,496 |
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 | -4.334 % | £-9,534 | £210,465 |
| 3 Month Average | 0.983 % | £2,162 | £222,162 |
| 6 Month Average | 12.358 % | £27,187 | £247,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £214,855 | £215,000 | 21 FAIRBOURNE ROAD |
| 21 Nov 2022 | £241,080 | £244,000 | 60 BRAUNSTONE CLOSE |
| 22 Aug 2022 | £219,409 | £220,000 | 22 STRATFORD ROAD |
| 15 Jul 2022 | £236,637 | £236,000 | 29 STRATFORD ROAD |
| 9 Nov 2021 | £173,042 | £160,000 | 10 FRANKSON AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Sep 2018. Using an estimated price of £252,497 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on FAIRBOURNE ROAD is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frankson Avenue |
| Feb 2024 | Vehicle crime | Under investigation | On or near Frankson Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Frankson Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Frankson Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Frankson Avenue |