This estimated value is based upon the latest sale price for the house of £113,500 on 13 Jul 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE1
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|£113,500||13 Jul 2007|
|£93,000||16 Feb 2005|
|£57,500||19 Jul 1996|
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 2007 the House Price Index for LEICESTERSHIRE was 99.5.The House Price Index as of 1 Jun 2019 is 125.3 which is a change of 25.948%.
Applying this 25.948% change to the original purchase price of £113,500 gives us an estimated price now of around £142,951.
|13 Jul 2007||1 Jun 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
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||37.468 %||£42,526||£156,026|
|3 Month Average||30.851 %||£35,015||£148,515|
|6 Month Average||31.269 %||£35,490||£148,990|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In July 2007 the average sale price for the 50 nearest sales within a mile of ASHBY COURT FLAT 22 ASHBY ROAD was £154,732.
In December 2019 the average sale price for the 50 nearest sales was £204,002. This is a change of 31.842%.
So taking the original purchase price of £113,500 and adjusting it by 31.842% gives an estimated price of £149,641.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 13 Jul 2007||Average price on 26 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|23 Aug 2019||£122,000||£122,000||FLAT 3 ASHBY COURT ASHBY ROAD|
|17 May 2019||£140,894||£140,000||118 ASHBY ROAD|
|12 Apr 2019||£116,784||£115,500||50 ASHBY ROAD|
|15 Mar 2019||£122,860||£122,000||FLAT 26 ASHBY COURT ASHBY ROAD|
|9 Nov 2018||£374,618||£376,000||43 SUNNYSIDE|