£527,977
This estimated value is based upon the latest sale price for the house of £315,000 on 8 Oct 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £315,000 | 8 Oct 2012 |
| £315,000 | 8 Oct 2012 |
| £145,500 | 21 Sep 1998 |
| £121,000 | 23 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 October 2012 the House Price Index for LEICESTERSHIRE was 87.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.612%.Applying this 67.612% change to the original purchase price of £315,000 results in an estimated price of approximately £527,977.
| 8 Oct 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 146.7 | 67.612 % | £315,000 | £212,977 | £527,977 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 3.910 % | £12,315 | £327,315 |
| 3 Month Average | 36.726 % | £115,687 | £430,687 |
| 6 Month Average | 57.769 % | £181,973 | £496,973 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 18 Aug 2015.
The average size of a house on SANDRINGHAM WAY is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlongs |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way |