£426,940
This estimated value is based upon the latest sale price for the house of £247,000 on 19 Aug 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £247,000 | 19 Aug 2011 |
| £228,000 | 18 Mar 2005 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,248 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 August 2011 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £247,000 results in an estimated price of approximately £426,940.
| 19 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £247,000 | £179,940 | £426,940 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 68.855 % | £170,072 | £417,072 |
| 3 Month Average | 37.425 % | £92,439 | £339,439 |
| 6 Month Average | 56.541 % | £139,655 | £386,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £211,704 | £208,000 | 52 GRANGE CLOSE |
| 23 Aug 2023 | £317,780 | £315,000 | 19 GRANGE CLOSE |
| 18 Jul 2023 | £122,651 | £121,000 | 1 LODGE CLOSE |
| 14 Apr 2023 | £227,449 | £225,000 | 23 LODGE CLOSE |
| 9 Sep 2022 | £277,757 | £280,000 | 45A TAMWORTH ROAD |
This house has a floor area of 115 sq meters or 1,248 sq feet when measured on 8 Jan 2010. Using an estimated price of £426,940 means this house is valued at £3,682 per sq meter (£342 per sq foot).
The average size of a house on CASTLE WAY is 221 sq meters (2,383 sq feet).
This house is the smallest in the street with a floor area of 115 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bristol Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Tamworth Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Staley Avenue |