£362,522
This estimated value is based upon the latest sale price for the house of £219,000 on 15 Dec 2006. 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 Woburn Close
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| Price Paid | Date |
|---|---|
| £219,000 | 15 Dec 2006 |
| £122,500 | 24 Aug 2001 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2006 the House Price Index for LEICESTERSHIRE was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £219,000 results in an estimated price of approximately £362,522.
| 15 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £219,000 | £143,522 | £362,522 |
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 | 47.086 % | £103,118 | £322,118 |
| 3 Month Average | 76.432 % | £167,386 | £386,386 |
| 6 Month Average | 81.061 % | £177,523 | £396,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2021 | £626,756 | £585,000 | 6 GORES LANE |
| 6 Dec 2021 | £273,201 | £255,000 | 10 ROLLESTON CLOSE |
| 12 Jul 2021 | £264,331 | £230,000 | THE COTTAGE GORES LANE |
| 18 Jan 2021 | £479,355 | £420,000 | 7 STABLEGATE WAY |
| 10 Sep 2020 | £350,278 | £295,000 | 4 MEDWAY CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 13 May 2020. Using an estimated price of £362,523 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on MEDWAY CLOSE is 138 sq meters (1,490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woburn Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Woburn Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Woburn Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jordan Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jordan Close |