£629,073
This estimated value is based upon the latest sale price for the house of £233,500 on 27 Sep 2002. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Fairfax Close
More crime details
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Price Paid | Date |
---|---|
£233,500 | 27 Sep 2002 |
Detached |
Freehold |
Floor Area: 217 sq meters or 2,335 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 September 2002 the House Price Index for LEICESTERSHIRE was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £233,500 results in an estimated price of approximately £629,073.
27 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £233,500 | £395,573 | £629,073 |
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 | 168.912 % | £394,409 | £627,909 |
3 Month Average | 130.290 % | £304,227 | £537,727 |
6 Month Average | 169.310 % | £395,338 | £628,838 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £585,119 | £580,000 | 7 PLANTAGENET WAY |
18 Jul 2023 | £446,003 | £440,000 | 73 NOTTINGHAM ROAD |
23 Jun 2022 | £370,232 | £365,000 | 59 NOTTINGHAM ROAD |
31 Mar 2022 | £287,045 | £277,000 | 34 NOTTINGHAM ROAD |
14 Jan 2022 | £480,424 | £456,500 | 3 FEATHERBED LANE |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 21 Feb 2014. Using an estimated price of £629,074 means this house is valued at £2,898 per sq meter (£269 per sq foot).
The average size of a house on FAIRFAX CLOSE is 192 sq meters (2,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Awaiting court outcome | On or near Fairfax Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairfax Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bosworth Close |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Gilby Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Plantagenet Way |