Full Address

WAYSIDE FARM WELFORD ROAD
WIGSTON
WIGSTON
LEICESTERSHIRE
UNITED KINGDOM
LE18 3TE

Estimated Market Value

£1,033,244

This estimated value is based upon the latest sale price for the house of £805,000 on 24 Aug 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
£805,00024 Aug 2007
House Details
Detached
Freehold

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 August 2007 the House Price Index for LEICESTERSHIRE was 100.7.

The House Price Index as of 1 Dec 2019 is 129.2 which is a change of 28.353%.

Applying this 28.353% change to the original purchase price of £805,000 gives us an estimated price now of around £1,033,244.

24 Aug 2007 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
100.7 129.2 28.353 % £805,000 £228,244 £1,033,244

The Postcode Pricing Model uses changes in average sales price within the LE18 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 44.047 % £354,574 £1,159,574
3 Month Average 60.788 % £489,345 £1,294,345
6 Month Average 54.326 % £437,325 £1,242,325
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
6 Dec 2019 £171,000 £171,000 14 SAXONDALE ROAD
5 Nov 2019 £277,903 £277,500 7 ASHURST CLOSE
28 Aug 2019 £244,107 £240,000 9 ASHURST CLOSE
25 Feb 2019 £206,938 £200,000 23 SAXONDALE ROAD
12 Feb 2019 £300,060 £290,000 5 INGRAMS WAY

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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