£343,441
This estimated value is based upon the latest sale price for the house of £340,000 on 13 Jul 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£340,000 | 13 Jul 2022 |
£289,950 | 5 Jan 2018 |
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 July 2022 the House Price Index for LEICESTERSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £340,000 results in an estimated price of approximately £343,441.
13 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £340,000 | £3,441 | £343,441 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | -19.112 % | £-64,979 | £275,020 |
3 Month Average | 7.914 % | £26,908 | £366,908 |
6 Month Average | -5.616 % | £-19,093 | £320,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 May 2024 | £190,000 | £190,000 | 5 HEDGEHOG CLOSE |
8 Dec 2023 | £318,796 | £309,000 | 2 HEDGEHOG CLOSE |
29 Nov 2023 | £241,121 | £235,000 | 3 OTTER ROAD |
10 Oct 2023 | £214,880 | £210,000 | 6 HEDGEHOG CLOSE |
12 Apr 2023 | £252,676 | £247,950 | 33 BADGER AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Dec 2017. Using an estimated price of £343,441 means this house is valued at £2,986 per sq meter (£277 per sq foot).
The average size of a house on OTTER ROAD is 126 sq meters (1,360 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgehog Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgehog Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgehog Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hedgehog Close |
May 2024 | Anti-social behaviour | On or near Hedgehog Close |