£452,942
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Mar 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 Grove Road
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| Price Paid | Date |
|---|---|
| £150,000 | 15 Mar 2002 |
| £125,000 | 14 Sep 1999 |
| £125,000 | 21 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 March 2002 the House Price Index for LEICESTERSHIRE was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £150,000 results in an estimated price of approximately £452,942.
| 15 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £150,000 | £302,942 | £452,942 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 143.789 % | £215,682 | £365,682 |
| 3 Month Average | 172.395 % | £258,592 | £408,592 |
| 6 Month Average | 182.693 % | £274,040 | £424,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £446,003 | £440,000 | 4 WESTFIELD DRIVE |
| 15 Feb 2023 | £324,781 | £325,000 | 5 HAYDON ROAD |
| 3 Aug 2022 | £618,336 | £620,000 | 34 WESTFIELD DRIVE |
| 30 Mar 2022 | £9,326 | £9,000 | 19 HAYDON ROAD |
| 7 Mar 2022 | £238,340 | £230,000 | 47 ASHBY GROVE |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 15 Nov 2018. Using an estimated price of £452,942 means this house is valued at £2,040 per sq meter (£189 per sq foot).
The average size of a house on ASHBY ROAD is 148 sq meters (1,600 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
| Feb 2024 | Bicycle theft | Under investigation | On or near Grove Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Grove Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Drive |
| Jan 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Westfield Drive |