£406,492
This estimated value is based upon the latest sale price for the house of £310,000 on 9 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 9 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £310,000 results in an estimated price of approximately £406,492.
| 9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £310,000 | £96,492 | £406,492 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 12.913 % | £40,030 | £350,030 |
| 3 Month Average | 17.146 % | £53,153 | £363,153 |
| 6 Month Average | 22.529 % | £69,839 | £379,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jan 2023 | £313,523 | £315,000 | 5 KILBY DRIVE |
| 14 Nov 2022 | £266,769 | £270,000 | 20 HARCOURT ROAD |
| 31 Aug 2022 | £349,060 | £350,000 | 40 STANHOPE ROAD |
| 16 Aug 2022 | £233,372 | £234,000 | 35 HARCOURT ROAD |
| 11 Jul 2022 | £205,553 | £205,000 | 38 HARCOURT ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 9 Mar 2017. Using an estimated price of £406,493 means this house is valued at £2,556 per sq meter (£237 per sq foot).
The average size of a house on KILBY DRIVE is 116 sq meters (1,253 sq feet).
This house is the largest in the street with a floor area of 159 sq meters (1,711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cottams Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Clipstone Gardens |