£449,838
This estimated value is based upon the latest sale price for the house of £346,000 on 1 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£346,000 | 1 Feb 2017 |
£110,000 | 31 Oct 1997 |
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 February 2017 the House Price Index for LEICESTERSHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £346,000 results in an estimated price of approximately £449,838.
1 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £346,000 | £103,838 | £449,838 |
The Postcode Pricing Model uses changes in average sales price within the LE6 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 | 7.505 % | £25,967 | £371,967 |
3 Month Average | 30.472 % | £105,433 | £451,433 |
6 Month Average | 32.265 % | £111,636 | £457,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £433,164 | £428,500 | 16 OAKMEADOW WAY |
30 Jul 2021 | £364,317 | £317,000 | 10 OAKMEADOW WAY |
18 Dec 2020 | £304,144 | £265,000 | 18 GREYS DRIVE |
18 Dec 2020 | £430,393 | £375,000 | 2 GREYS DRIVE |
14 Aug 2020 | £329,743 | £275,000 | 43 OAKMEADOW WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Greys Drive | |
Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Greys Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greys Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greys Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Drive |