£504,428
This estimated value is based upon the latest sale price for the house of £320,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near The Orchard
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| Price Paid | Date |
|---|---|
| £320,000 | 27 Jul 2007 |
| £290,000 | 30 Jun 2006 |
| £190,000 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 July 2007 the House Price Index for LEICESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £320,000 results in an estimated price of approximately £504,428.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £320,000 | £184,428 | £504,428 |
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 | 88.951 % | £284,643 | £604,643 |
| 3 Month Average | 63.884 % | £204,428 | £524,428 |
| 6 Month Average | 71.040 % | £227,326 | £547,326 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £481,152 | £475,000 | 28 KNIGHTON CHURCH ROAD |
| 27 Feb 2023 | £279,812 | £280,000 | 59 KNIGHTON CHURCH ROAD |
| 14 Jun 2022 | £644,102 | £635,000 | 114A KNIGHTON CHURCH ROAD |
| 27 Jul 2021 | £568,886 | £495,000 | 89 KNIGHTON CHURCH ROAD |
| 30 Jun 2021 | £686,672 | £640,000 | 43 SHANKLIN DRIVE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 25 Nov 2012. Using an estimated price of £504,429 means this house is valued at £3,603 per sq meter (£334 per sq foot).
The average size of a house on SHANKLIN DRIVE is 144 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near The Orchard |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Link Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Link Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Link Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ring Road |