£218,981
This estimated value is based upon the latest sale price for the house of £167,000 on 13 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 13 Dec 2016 |
| £133,000 | 1 Feb 2013 |
| Terraced |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 December 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £167,000 results in an estimated price of approximately £218,981.
| 13 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £167,000 | £51,981 | £218,981 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 48.830 % | £81,545 | £248,545 |
| 3 Month Average | 18.357 % | £30,655 | £197,655 |
| 6 Month Average | 32.514 % | £54,298 | £221,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £212,500 | £212,500 | 5 ELVASTON CLOSE |
| 12 Sep 2023 | £850,879 | £840,000 | GLENAVON PRIOR PARK LANE |
| 25 Apr 2023 | £379,082 | £375,000 | 20 ST MICHAELS CLOSE |
| 19 Apr 2023 | £247,667 | £245,000 | 21 WARWICK WAY |
| 20 Feb 2023 | £789,469 | £790,000 | PRIOR PARK HOUSE PRIOR PARK LANE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 17 Oct 2015. Using an estimated price of £218,982 means this house is valued at £4,379 per sq meter (£406 per sq foot).
The average size of a house on ELVASTON CLOSE is 74 sq meters (796 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenilworth Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenilworth Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tutbury Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mendip Close |