£517,182
This estimated value is based upon the latest sale price for the house of £512,000 on 18 Jul 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £512,000 | 18 Jul 2022 |
| £435,000 | 21 Aug 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 July 2022 the House Price Index for LEICESTERSHIRE was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £512,000 results in an estimated price of approximately £517,182.
| 18 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £512,000 | £5,182 | £517,182 |
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 | 8.972 % | £45,935 | £557,935 |
| 3 Month Average | 12.336 % | £63,159 | £575,159 |
| 6 Month Average | 3.553 % | £18,193 | £530,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £330,145 | £320,000 | 9 MACHIN DRIVE |
| 13 Apr 2023 | £254,765 | £250,000 | 2 PINEL CLOSE |
| 18 Jul 2022 | £517,182 | £512,000 | 1 STEPHENSON CLOSE |
| 4 Jul 2022 | £631,326 | £625,000 | 7 HALL FARM CRESCENT |
| 24 Jun 2022 | £546,686 | £535,000 | 9 KNIGHTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Stephenson Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stephenson Close |
| Apr 2024 | Anti-social behaviour | On or near Stephenson Close | |
| Apr 2024 | Anti-social behaviour | On or near Stephenson Close |