£340,489
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 4 Sep 2015 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 September 2015 the House Price Index for LEICESTERSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £240,000 results in an estimated price of approximately £340,489.
| 4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £240,000 | £100,489 | £340,489 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 41.829 % | £100,389 | £340,389 |
| 3 Month Average | 26.453 % | £63,486 | £303,486 |
| 6 Month Average | 38.045 % | £91,306 | £331,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2023 | £239,220 | £236,000 | 18 NEWQUAY CLOSE |
| 28 Apr 2023 | £242,612 | £240,000 | 11 NEWQUAY CLOSE |
| 15 Jul 2022 | £265,715 | £265,000 | 28 NEWQUAY CLOSE |
| 1 Jul 2022 | £350,895 | £349,950 | 22 KENT DRIVE |
| 24 Jun 2022 | £339,802 | £335,000 | 7 CORNWALL WAY |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 May 2015. Using an estimated price of £340,489 means this house is valued at £2,861 per sq meter (£265 per sq foot).
The average size of a house on FALMOUTH DRIVE is 138 sq meters (1,493 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Newquay Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harwood Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashby Grange |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashby Grange |