£298,877
This estimated value is based upon the latest sale price for the house of £285,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 25 Feb 2022 |
| £198,000 | 23 Feb 2018 |
| Detached |
| Freehold |
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 February 2022 the House Price Index for LEICESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £285,000 results in an estimated price of approximately £298,877.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £285,000 | £13,877 | £298,877 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | -1.623 % | £-4,624 | £280,375 |
| 3 Month Average | -0.443 % | £-1,263 | £283,736 |
| 6 Month Average | 9.219 % | £26,274 | £311,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £203,783 | £202,000 | 25 CONISTON CLOSE |
| 6 Apr 2023 | £176,905 | £175,000 | 17 DERWENT CLOSE |
| 29 Jul 2022 | £183,494 | £183,000 | 1 QUEENS CLOSE |
| 25 Mar 2022 | £274,610 | £265,000 | 24 EQUITY ROAD EAST |
| 11 Mar 2022 | £215,543 | £208,000 | 16 CONISTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Derwent Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lyndene Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Windermere Close |
| Feb 2024 | Burglary | Under investigation | On or near Windermere Close |
| Feb 2024 | Vehicle crime | Under investigation | On or near Windermere Close |