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Market value of a property in 1994

Market value of a 3 bedroom detached bungalow in Oadby, Leicestershire. Off-road parking and substantial rear garden. Address: 21 Drury Lane, Oadby Leicestreshire. LE2 5FD

Asked on Jan 16 2017, House Prices in Leicester | Report content

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  • Hi - Land Registry records (see link below) should be able to give you "price paid" data - but only since 1995. An established a local surveyor may be able to inform you.

    Web reference: http://landregistry.data.gov.uk/

    Answered on Jan 17 2017, Report content
  • Http://landregistry.data.gov.uk/app/ppd/search 2016-03-04 £230,000 detached, freehold http://landregistry.data.gov.uk/app/ukhpi/explore Date, Index all, index det, Avg price All, Avg Price Det Jan 1995 28.21 29.75 £37,091 £67,226 Mar 2016 109.51 109.98 £144,014 £248,485 230/109.98*29.75 = £62,215 in Jan 1995 http://publicdata.landregistry.gov.uk/market-trend-data/house-price-index-data/UKHPI_historic_file.xlsx? Table 1: Mix-adjusted UK House Price Index - average price by region: Est Midlands 1995 Jan 45,545 1994 q1 46,525 1994 q2 46,343 1994 q3 47,301 1994 q4 46,662 Therefore 62215/45545*46525 = 63,555 in Q1 63305 in Q2, 63615 in Q3, and 63742 in Q4 All this is approximate, give or take 5%, that makes a probable range of 61–67k in 1994.

    Web reference: https://www.gov.uk/government/statistical-data-sets/uk-ho...

    Answered on Jan 17 2017, Report content
  • Quip - this is a great calculation. I´d be very interested in finding out you go about it in more detail, if you´re willing of course...

    Answered on Feb 2 2017, Report content

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