£339,758
This estimated value is based upon the latest sale price for the house of £275,000 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 14 Jun 2019 |
| £235,000 | 30 Mar 2006 |
| £175,000 | 29 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £275,000 results in an estimated price of approximately £339,758.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £275,000 | £64,758 | £339,758 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 30.242 % | £83,165 | £358,165 |
| 3 Month Average | 12.338 % | £33,930 | £308,930 |
| 6 Month Average | 20.208 % | £55,571 | £330,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £413,797 | £406,000 | 16 LILAC WAY |
| 27 Jan 2022 | £447,273 | £425,000 | 33 LILAC WAY |
| 30 Sep 2021 | £293,644 | £272,500 | 7 WILLOWBROOK WAY |
| 3 Sep 2021 | £371,769 | £345,000 | 11 WILLOWBROOK WAY |
| 30 Jun 2021 | £420,586 | £392,000 | 37 LILAC WAY |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Aug 2018. Using an estimated price of £339,759 means this house is valued at £2,954 per sq meter (£274 per sq foot).
The average size of a house on LILAC WAY is 137 sq meters (1,477 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Lilac Way |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nurseryman Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willowbrook Way |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chestnut Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Broome Avenue |