£388,934
This estimated value is based upon the latest sale price for the house of £227,250 on 2 Dec 2010. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £227,250 | 2 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 December 2010 the House Price Index for LEICESTERSHIRE was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £227,250 results in an estimated price of approximately £388,934.
| 2 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £227,250 | £161,684 | £388,934 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 85.295 % | £193,832 | £421,082 |
| 3 Month Average | 75.373 % | £171,284 | £398,534 |
| 6 Month Average | 67.856 % | £154,203 | £381,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £269,719 | £265,000 | 17 RAVENSTHORPE ROAD |
| 9 Jun 2023 | £328,985 | £325,000 | 9 THORNBY GARDENS |
| 18 Nov 2022 | £306,290 | £310,000 | 52 NEWTON LANE |
| 14 Nov 2022 | £266,769 | £270,000 | 20 HARCOURT ROAD |
| 16 Aug 2022 | £233,372 | £234,000 | 35 HARCOURT ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 28 Jul 2020. Using an estimated price of £388,934 means this house is valued at £2,818 per sq meter (£261 per sq foot).
The average size of a house on NEWTON LANE is 155 sq meters (1,670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottesbrooke Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottams Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottams Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Clipstone Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |