£621,408
This estimated value is based upon the latest sale price for the house of £485,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Farndale View
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Price Paid | Date |
---|---|
£485,000 | 16 Jun 2017 |
£300,000 | 2 Jul 2009 |
£202,000 | 3 Apr 2001 |
£171,950 | 4 Dec 1998 |
Detached |
Freehold |
Floor Area: 222 sq meters or 2,389 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 June 2017 the House Price Index for LEICESTERSHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £485,000 results in an estimated price of approximately £621,408.
16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £485,000 | £136,408 | £621,408 |
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 | -14.568 % | £-70,655 | £414,344 |
3 Month Average | 10.019 % | £48,591 | £533,591 |
6 Month Average | 19.865 % | £96,345 | £581,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £1,210,591 | £1,200,000 | 103 LUBENHAM HILL |
16 Aug 2023 | £378,310 | £375,000 | 68 WILLOW CRESCENT |
4 Aug 2022 | £441,811 | £443,000 | 10 LUBENHAM HILL |
27 Jun 2022 | £428,049 | £422,000 | 48 LUBENHAM HILL |
24 May 2022 | £275,185 | £270,000 | 84 WILLOW CRESCENT |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 13 Nov 2008. Using an estimated price of £621,409 means this house is valued at £2,799 per sq meter (£260 per sq foot).
The average size of a house on FARNDALE VIEW is 165 sq meters (1,776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Farndale View |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Cheviot Close |
Mar 2024 | Public order | Unable to prosecute suspect | On or near Cheviot Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Cheviot Close |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheviot Close |