£241,766
This estimated value is based upon the latest sale price for the house of £131,500 on 29 Jul 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £131,500 | 29 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in July 2005 the House Price Index for LEICESTER was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £131,500 results in an estimated price of approximately £241,766.
| 29 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £131,500 | £110,266 | £241,766 |
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 | 62.899 % | £82,711 | £214,211 |
| 3 Month Average | 69.771 % | £91,749 | £223,249 |
| 6 Month Average | 82.348 % | £108,288 | £239,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2023 | £302,853 | £300,000 | 14 HYLION ROAD |
| 14 Oct 2022 | £143,455 | £145,000 | 5 FERNDALE ROAD |
| 28 Sep 2022 | £257,917 | £260,000 | 27 FAIRHOLME ROAD |
| 5 Aug 2022 | £214,423 | £215,000 | 74 NORTHDENE ROAD |
| 11 May 2022 | £280,281 | £275,000 | 71 LAMBORNE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 4 Jun 2018. Using an estimated price of £241,766 means this house is valued at £2,778 per sq meter (£258 per sq foot).
The average size of a house on FERNDALE ROAD is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lamborne Road | |
| Feb 2024 | Possession of weapons | Under investigation | On or near Lamborne Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Northdene Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Northdene Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Northdene Road |