£203,214
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Aug 2017 |
| £135,500 | 24 Mar 2016 |
| £133,000 | 17 Sep 2004 |
| £74,950 | 28 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2017 the House Price Index for LEICESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £160,000 results in an estimated price of approximately £203,214.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £160,000 | £43,214 | £203,214 |
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 | 41.337 % | £66,139 | £226,139 |
| 3 Month Average | 30.114 % | £48,182 | £208,182 |
| 6 Month Average | 40.986 % | £65,577 | £225,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £193,384 | £190,000 | 109 GRASMERE STREET |
| 29 Jun 2023 | £168,035 | £166,000 | 16 BURNMOOR STREET |
| 26 May 2022 | £183,457 | £180,000 | 128 GRASMERE STREET |
| 6 May 2022 | £178,361 | £175,000 | 106 GRASMERE STREET |
| 28 Oct 2021 | £171,504 | £155,000 | 102 CLARENDON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jul 2019. Using an estimated price of £203,214 means this house is valued at £2,988 per sq meter (£277 per sq foot).
The average size of a house on FARNDALE CLOSE is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Farndale Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Close |
| Mar 2024 | Bicycle theft | Under investigation | On or near Grisedale Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Grisedale Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Grisedale Close |