£220,546
This estimated value is based upon the latest sale price for the house of £166,500 on 17 Oct 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £166,500 | 17 Oct 2016 |
| £136,000 | 17 Mar 2004 |
| 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 October 2016 the House Price Index for LEICESTERSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £166,500 results in an estimated price of approximately £220,546.
| 17 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £166,500 | £54,046 | £220,546 |
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 | 29.010 % | £48,300 | £214,800 |
| 3 Month Average | 21.302 % | £35,468 | £201,968 |
| 6 Month Average | 35.845 % | £59,682 | £226,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £80,000 | £80,000 | FLAT 1 CHAPEL APARTMENTS, 2 CHAPEL STREET |
| 29 Sep 2023 | £146,878 | £145,000 | 50 CHAPEL STREET |
| 18 Aug 2023 | £146,280 | £145,000 | 11 STANLEY STREET |
| 8 Aug 2023 | £180,075 | £178,500 | 72 CHURCH LANE |
| 31 Mar 2023 | £159,503 | £158,000 | 78 CHAPEL STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Apr 2024 | Anti-social behaviour | On or near Church Lane | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Church Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Lane |