£215,649
This estimated value is based upon the latest sale price for the house of £124,950 on 1 Apr 2011. 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 Russett Close
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| Price Paid | Date |
|---|---|
| £124,950 | 1 Apr 2011 |
| £113,500 | 29 Sep 2006 |
| £91,000 | 10 May 2004 |
| £78,500 | 17 Dec 2002 |
| £48,500 | 19 Oct 2001 |
| Terraced |
| 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 April 2011 the House Price Index for LEICESTERSHIRE was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £124,950 results in an estimated price of approximately £215,649.
| 1 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £124,950 | £90,699 | £215,649 |
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 | 67.339 % | £84,139 | £209,089 |
| 3 Month Average | 71.418 % | £89,236 | £214,186 |
| 6 Month Average | 60.427 % | £75,503 | £200,453 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £256,894 | £249,000 | 56 FAIRACRE ROAD |
| 20 Oct 2023 | £169,858 | £166,000 | 15 RUSSETT CLOSE |
| 23 Jun 2023 | £224,499 | £220,000 | 8 RUSSETT CLOSE |
| 2 Jun 2023 | £248,990 | £244,000 | 61 RUSSETT CLOSE |
| 31 May 2022 | £338,827 | £330,000 | 91 STAPLETON LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Russett Close |
| Jul 2024 | Burglary | Under investigation | On or near Russett Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ayrshire Close |
| Jul 2024 | Possession of weapons | Under investigation | On or near Kerry Close |
| May 2024 | Anti-social behaviour | On or near Kerry Close |