Full Address

ASHBY COURT FLAT 22 ASHBY ROAD
HINCKLEY
HINCKLEY
LEICESTERSHIRE
UNITED KINGDOM
LE10 1RR

Estimated Market Value

£142,951

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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Transactions for this house
Price PaidDate
£113,50013 Jul 2007
£93,00016 Feb 2005
£57,50019 Jul 1996
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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
99.5 125.3 25.948 % £113,500 £29,451 £142,951

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
£154,732 £204,002 31.842 % £113,500 £36,141 £149,641
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
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

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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