£287,544
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near David Hobbs Rise
More crime details
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| Price Paid | Date |
|---|---|
| £170,000 | 20 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2012 the House Price Index for LEICESTERSHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £170,000 results in an estimated price of approximately £287,544.
| 20 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £170,000 | £117,544 | £287,544 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 35.817 % | £60,889 | £230,889 |
| 3 Month Average | 50.992 % | £86,685 | £256,685 |
| 6 Month Average | 58.881 % | £100,097 | £270,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £445,699 | £440,000 | 30 STINFORD LEYS |
| 15 Sep 2023 | £516,605 | £510,000 | 13 DAVID HOBBS RISE |
| 1 Aug 2023 | £569,986 | £565,000 | 17 DAVID HOBBS RISE |
| 6 Mar 2023 | £302,853 | £300,000 | 39 SHELLAND CLOSE |
| 13 Feb 2023 | £419,718 | £420,000 | 1 STINFORD LEYS |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Dec 2012. Using an estimated price of £287,544 means this house is valued at £4,107 per sq meter (£381 per sq foot).
The average size of a house on DAVID HOBBS RISE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near David Hobbs Rise |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Roundhill Close |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |