£524,652
This estimated value is based upon the latest sale price for the house of £389,950 on 16 Jun 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £389,950 | 16 Jun 2016 |
| £249,950 | 20 Jun 2003 |
| £180,500 | 26 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 June 2016 the House Price Index for LEICESTERSHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £389,950 results in an estimated price of approximately £524,652.
| 16 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £389,950 | £134,702 | £524,652 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 83.632 % | £326,122 | £716,072 |
| 3 Month Average | 25.541 % | £99,598 | £489,548 |
| 6 Month Average | 35.243 % | £137,428 | £527,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £449,918 | £440,000 | 30 STINFORD LEYS |
| 15 Sep 2023 | £521,496 | £510,000 | 13 DAVID HOBBS RISE |
| 1 Aug 2023 | £575,378 | £565,000 | 17 DAVID HOBBS RISE |
| 6 Mar 2023 | £305,095 | £300,000 | 39 SHELLAND CLOSE |
| 13 Feb 2023 | £422,824 | £420,000 | 1 STINFORD LEYS |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 2 Mar 2016. Using an estimated price of £524,653 means this house is valued at £4,004 per sq meter (£372 per sq foot).
The average size of a house on SHELLAND CLOSE is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near David Hobbs Rise |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Longlands |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Roundhill Close |
| Jul 2024 | Anti-social behaviour | On or near Ashley Way | |
| Apr 2024 | Possession of weapons | Local resolution | On or near Ashley Way |