£490,548
This estimated value is based upon the latest sale price for the house of £163,000 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 19 Apr 2002 |
| 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 April 2002 the House Price Index for LEICESTERSHIRE was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £163,000 results in an estimated price of approximately £490,548.
| 19 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 149.7 | 200.950 % | £163,000 | £327,548 | £490,548 |
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 | 185.664 % | £302,632 | £465,632 |
| 3 Month Average | 202.028 % | £329,305 | £492,305 |
| 6 Month Average | 188.918 % | £307,935 | £470,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £272,365 | £270,000 | 25 THE DRIVE |
| 6 Jun 2023 | £403,078 | £395,000 | 7 SAFFRON CLOSE |
| 26 Aug 2022 | £391,832 | £390,000 | 162 CHARNWOOD ROAD |
| 6 May 2022 | £278,249 | £271,000 | 8 SAFFRON CLOSE |
| 14 Apr 2022 | £233,420 | £225,000 | 2 ASHLEIGH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Saffron Close | |
| May 2024 | Anti-social behaviour | On or near Saffron Close | |
| May 2024 | Other theft | Further action is not in the public interest | On or near Saffron Close |
| May 2024 | Anti-social behaviour | On or near Saffron Close | |
| May 2024 | Violence and sexual offences | Local resolution | On or near Saffron Close |