£470,917
This estimated value is based upon the latest sale price for the house of £380,000 on 17 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 17 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 July 2018 the House Price Index for LEICESTERSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £380,000 results in an estimated price of approximately £470,917.
| 17 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £380,000 | £90,917 | £470,917 |
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 | 20.857 % | £79,255 | £459,255 |
| 3 Month Average | 19.193 % | £72,935 | £452,935 |
| 6 Month Average | 23.267 % | £88,415 | £468,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £498,879 | £492,500 | 11 RYDAL GARDENS |
| 31 Jul 2023 | £400,389 | £395,000 | 1 LOWESWATER GROVE |
| 4 Jul 2022 | £357,964 | £357,000 | 2 THIRLMERE GARDENS |
| 17 May 2022 | £311,877 | £306,000 | 2 LOWESWATER GROVE |
| 14 Apr 2022 | £365,579 | £355,000 | 10 WREKIN CLOSE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 31 Mar 2018. Using an estimated price of £470,917 means this house is valued at £3,270 per sq meter (£303 per sq foot).
The average size of a house on THE GABLES is 359 sq meters (3,867 sq feet).
This house is the smallest in the street with a floor area of 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chapmans Meadows |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Wrekin Close |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Ulleswater Crescent |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ulleswater Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltern Rise |