£284,877
This estimated value is based upon the latest sale price for the house of £228,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 16 Feb 2018 |
| £170,000 | 12 Sep 2013 |
| £90,000 | 31 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 February 2018 the House Price Index for LEICESTERSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £228,000 results in an estimated price of approximately £284,877.
| 16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £228,000 | £56,877 | £284,877 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 22.661 % | £51,667 | £279,667 |
| 3 Month Average | 12.495 % | £28,487 | £256,487 |
| 6 Month Average | 27.480 % | £62,653 | £290,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £238,141 | £237,500 | 51 FOREST ROAD |
| 20 Jun 2022 | £284,521 | £280,500 | 39 GLEBE ROAD |
| 31 May 2022 | £231,120 | £226,765 | 8 WELWYN ROAD |
| 26 May 2022 | £275,185 | £270,000 | 59 GLEBE ROAD |
| 6 May 2022 | £310,857 | £305,000 | 53 GLEBE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 12 Aug 2021. Using an estimated price of £284,877 means this house is valued at £2,848 per sq meter (£264 per sq foot).
The average size of a house on GLEBE ROAD is 91 sq meters (982 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Glebe Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Welwyn Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Forest Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forest Road |