£1,002,823
This estimated value is based upon the latest sale price for the house of £750,000 on 11 Apr 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £750,000 | 11 Apr 2016 |
| Detached |
| Freehold |
| Floor Area: 244 sq meters or 2,626 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 April 2016 the House Price Index for LEICESTERSHIRE was 109.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 33.710%.Applying this 33.710% change to the original purchase price of £750,000 results in an estimated price of approximately £1,002,823.
| 11 Apr 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 146.7 | 33.710 % | £750,000 | £252,823 | £1,002,823 |
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 | 74.732 % | £560,487 | £1,310,487 |
| 3 Month Average | 63.222 % | £474,166 | £1,224,166 |
| 6 Month Average | 49.726 % | £372,941 | £1,122,941 |
This house has a floor area of 244 sq meters or 2,626 sq feet when measured on 30 Mar 2016.
There is one other house on the street which we know the size of, this is THE FARMHOUSE OUTWOODS LANE it is 198.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Outwoods Lane |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Stoney Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Gelsmoor Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gelsmoor Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Overton Close |