£247,035
This estimated value is based upon the latest sale price for the house of £199,950 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Mendip Close
More crime details
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| Price Paid | Date |
|---|---|
| £199,950 | 27 Jun 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £199,950 results in an estimated price of approximately £247,035.
| 27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £199,950 | £47,085 | £247,035 |
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 | 33.425 % | £66,833 | £266,783 |
| 3 Month Average | 29.314 % | £58,613 | £258,563 |
| 6 Month Average | 25.058 % | £50,104 | £250,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £267,684 | £263,000 | 7 MENDIP CLOSE |
| 15 Dec 2023 | £305,342 | £300,000 | 79 PENNINE WAY |
| 7 Nov 2023 | £314,658 | £310,000 | 16 WINDSOR ROAD |
| 12 Sep 2023 | £268,432 | £265,000 | 12 MENDIP CLOSE |
| 21 Jul 2023 | £395,321 | £390,000 | 1 WINDSOR ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 10 Apr 2019. Using an estimated price of £247,036 means this house is valued at £3,529 per sq meter (£327 per sq foot).
The average size of a house on MENDIP CLOSE is 104 sq meters (1,128 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mendip Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mendip Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chiltern Rise |