£53,649
This estimated value is based upon the latest sale price for the house of £39,950 on 6 May 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £39,950 | 6 May 2016 |
| £47,500 | 22 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 May 2016 the House Price Index for LEICESTERSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £39,950 results in an estimated price of approximately £53,649.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £39,950 | £13,699 | £53,649 |
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 | 52.461 % | £20,958 | £60,908 |
| 3 Month Average | 42.954 % | £17,160 | £57,110 |
| 6 Month Average | 41.883 % | £16,732 | £56,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £348,154 | £343,000 | 3 SPRINGFIELD ROAD |
| 17 Nov 2023 | £365,410 | £360,000 | 27 SPRINGFIELD ROAD |
| 8 Sep 2023 | £420,375 | £415,000 | 15 SPRINGFIELD ROAD |
| 1 Sep 2023 | £362,383 | £357,750 | 1A SPRINGFIELD ROAD |
| 21 Apr 2023 | £131,415 | £130,000 | APARTMENT 14 MALLORY HOUSE SOUTHFIELD ROAD |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 4 Feb 2020. Using an estimated price of £53,649 means this house is valued at £1,411 per sq meter (£131 per sq foot).
The average size of a house on SOUTHFIELD ROAD is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradley Row |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bradley Row |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bradley Row |
| Dec 2023 | Violence and sexual offences | Formal action is not in the public interest | On or near Bradley Row |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bradley Row |