£304,769
This estimated value is based upon the latest sale price for the house of £59,000 on 9 May 1997. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 9 May 1997 |
| Detached |
| Freehold |
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 1997 the House Price Index for LEICESTERSHIRE was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £59,000 results in an estimated price of approximately £304,769.
| 9 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £59,000 | £245,769 | £304,769 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 375.332 % | £221,445 | £280,445 |
| 3 Month Average | 326.905 % | £192,873 | £251,873 |
| 6 Month Average | 374.688 % | £221,065 | £280,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £280,588 | £277,000 | 4 THE BANKS |
| 9 Jun 2023 | £222,698 | £220,000 | 6 BAKERY CLOSE |
| 27 Oct 2022 | £217,656 | £220,000 | 5 THE NOOK |
| 12 May 2022 | £279,262 | £274,000 | 46 TUDOR DRIVE |
| 1 Apr 2022 | £137,993 | £134,000 | 9 BAKERY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Nook |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Nook |
| Feb 2024 | Other theft | Under investigation | On or near Walnut Leys |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walnut Leys |
| Jan 2024 | Public order | Further action is not in the public interest | On or near Chapel Lane |