£437,664
This estimated value is based upon the latest sale price for the house of £425,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £425,000 | 14 Apr 2022 |
| £230,000 | 19 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2022 the House Price Index for LEICESTERSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £425,000 results in an estimated price of approximately £437,664.
| 14 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £425,000 | £12,664 | £437,664 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | -19.802 % | £-84,159 | £340,840 |
| 3 Month Average | 6.016 % | £25,565 | £450,565 |
| 6 Month Average | 9.632 % | £40,934 | £465,934 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £425,440 | £420,000 | 9 NORFOLK DRIVE |
| 6 Feb 2023 | £374,748 | £375,000 | 35A SUSSEX AVENUE |
| 13 Jan 2023 | £457,843 | £460,000 | 2 SUSSEX AVENUE |
| 6 Jan 2023 | £248,828 | £250,000 | 7 OXFORD DRIVE |
| 12 Aug 2022 | £329,114 | £330,000 | 20 OXFORD DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 7 Nov 2018. Using an estimated price of £437,665 means this house is valued at £5,683 per sq meter (£528 per sq foot).
The average size of a house on OXFORD DRIVE is 124 sq meters (1,341 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sussex Avenue |
| Jan 2024 | Anti-social behaviour | On or near Sussex Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Sussex Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Sussex Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Sandy Lane |