£345,530
This estimated value is based upon the latest sale price for the house of £235,000 on 27 May 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 27 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2015 the House Price Index for LEICESTERSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £235,000 results in an estimated price of approximately £345,530.
| 27 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £235,000 | £110,530 | £345,530 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | -24.162 % | £-56,781 | £178,218 |
| 3 Month Average | 11.490 % | £27,000 | £262,000 |
| 6 Month Average | 26.333 % | £61,882 | £296,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £196,708 | £195,000 | 49 THE HAWTHORNS |
| 20 Dec 2023 | £278,560 | £270,000 | 10 CONIFER CLOSE |
| 17 Mar 2023 | £183,057 | £180,000 | 10 THE HAWTHORNS |
| 10 Feb 2023 | £188,258 | £187,000 | 37 THE HAWTHORNS |
| 26 Jan 2023 | £180,482 | £180,000 | 33 THE HAWTHORNS |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Mar 2015. Using an estimated price of £345,531 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on LARCH DRIVE is 109 sq meters (1,181 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near The Hawthorns |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near The Hawthorns |
| Apr 2024 | Public order | Local resolution | On or near The Hawthorns |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Maple Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenacres Drive |