£416,121
This estimated value is based upon the latest sale price for the house of £324,000 on 6 Jul 2017. 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 Timson Close
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| Price Paid | Date |
|---|---|
| £324,000 | 6 Jul 2017 |
| £280,000 | 14 Aug 2015 |
| £210,000 | 27 Oct 2006 |
| £125,000 | 7 Dec 2001 |
| £108,192 | 11 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 July 2017 the House Price Index for LEICESTERSHIRE was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £324,000 results in an estimated price of approximately £416,121.
| 6 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £324,000 | £92,121 | £416,121 |
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 | 120.718 % | £391,127 | £715,127 |
| 3 Month Average | 13.818 % | £44,770 | £368,770 |
| 6 Month Average | 22.069 % | £71,503 | £395,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £557,666 | £545,000 | 42 ALVINGTON WAY |
| 9 Jun 2023 | £561,247 | £550,000 | 1 COALES GARDENS |
| 27 Feb 2023 | £222,990 | £221,500 | 14 TIMSON CLOSE |
| 22 Feb 2023 | £617,122 | £613,000 | 3 MONROE CLOSE |
| 8 Feb 2023 | £478,194 | £475,000 | 14 TURNPIKE CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Jun 2015. Using an estimated price of £416,122 means this house is valued at £4,161 per sq meter (£386 per sq foot).
The average size of a house on TURNPIKE CLOSE is 160 sq meters (1,731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Timson Close |
| Jul 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Bates Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bates Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bates Close |
| Apr 2024 | Drugs | Under investigation | On or near Bates Close |