£199,910
This estimated value is based upon the latest sale price for the house of £163,000 on 6 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 6 Nov 2019 |
| £135,000 | 22 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 November 2019 the House Price Index for LEICESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £163,000 results in an estimated price of approximately £199,910.
| 6 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £163,000 | £36,910 | £199,910 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 27.278 % | £44,463 | £207,463 |
| 3 Month Average | 17.123 % | £27,910 | £190,910 |
| 6 Month Average | 19.682 % | £32,081 | £195,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £214,880 | £213,000 | 6 LILLEHAMMER DRIVE |
| 9 Feb 2023 | £179,879 | £180,000 | 6 SCOTLANDS DRIVE |
| 25 Nov 2022 | £242,068 | £245,000 | 23 SCOTLANDS DRIVE |
| 24 Oct 2022 | £395,739 | £400,000 | 62 SCOTLANDS DRIVE |
| 25 Aug 2022 | £219,409 | £220,000 | 42 SCOTLANDS DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 25 Nov 2021. Using an estimated price of £199,911 means this house is valued at £1,959 per sq meter (£182 per sq foot).
The average size of a house on LILLEHAMMER DRIVE is 110 sq meters (1,191 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lillehammer Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Scotlands Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scotlands Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scotlands Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Scotlands Road |