£258,333
This estimated value is based upon the latest sale price for the house of £145,000 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£145,000 | 21 Aug 2009 |
£56,750 | 28 Jun 1996 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,278 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 August 2009 the House Price Index for LEICESTER was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £145,000 results in an estimated price of approximately £258,333.
21 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 146.7 | 78.161 % | £145,000 | £113,333 | £258,333 |
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 | 70.707 % | £102,525 | £247,525 |
3 Month Average | 61.499 % | £89,172 | £234,172 |
6 Month Average | 73.165 % | £106,089 | £251,089 |
This house has a floor area of 118 sq meters or 1,278 sq feet when measured on 7 Oct 2008.
The average size of a house on WESSEX DRIVE is 113 sq meters (1,222 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wessex Drive |
Mar 2024 | Drugs | Local resolution | On or near Wessex Drive |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Priory Crescent |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shire Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shire Close |