£666,284
This estimated value is based upon the latest sale price for the house of £530,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £530,000 | 15 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 2017 the House Price Index for LEICESTERSHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £530,000 results in an estimated price of approximately £666,284.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £530,000 | £136,284 | £666,284 |
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 | -13.259 % | £-70,275 | £459,724 |
| 3 Month Average | 10.988 % | £58,237 | £588,237 |
| 6 Month Average | 21.569 % | £114,313 | £644,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £441,537 | £435,000 | 8 THE LONGLANDS |
| 15 Sep 2023 | £430,504 | £425,000 | 64 ASHLEY WAY |
| 21 Jul 2023 | £491,617 | £485,000 | 35 ASHLEY WAY |
| 21 Jul 2023 | £497,698 | £491,000 | 7 FOTHERGILL CLOSE |
| 21 Jun 2022 | £357,553 | £352,500 | 20 ASHLEY WAY |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 24 Nov 2017. Using an estimated price of £666,285 means this house is valued at £4,087 per sq meter (£379 per sq foot).
The average size of a house on THE LONGLANDS is 171 sq meters (1,847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way | |
| Dec 2023 | Other crime | Under investigation | On or near Ashley Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Picks Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Picks Close |