£602,432
This estimated value is based upon the latest sale price for the house of £585,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £585,000 | 29 Apr 2022 |
| £218,000 | 9 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 April 2022 the House Price Index for LEICESTERSHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £585,000 results in an estimated price of approximately £602,432.
| 29 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £585,000 | £17,432 | £602,432 |
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 | 5.218 % | £30,525 | £615,525 |
| 3 Month Average | 8.685 % | £50,806 | £635,806 |
| 6 Month Average | 9.308 % | £54,452 | £639,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £554,706 | £545,000 | 13 ALVINGTON WAY |
| 22 Feb 2023 | £612,588 | £613,000 | 3 MONROE CLOSE |
| 8 Feb 2023 | £474,681 | £475,000 | 14 TURNPIKE CLOSE |
| 29 Apr 2022 | £602,432 | £585,000 | 25 ALVINGTON WAY |
| 14 Jan 2022 | £560,407 | £532,500 | 2 COALES GARDENS |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 11 Sep 2020. Using an estimated price of £602,432 means this house is valued at £3,462 per sq meter (£321 per sq foot).
The average size of a house on ALVINGTON WAY is 153 sq meters (1,653 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Bates Close |
| Apr 2024 | Drugs | Under investigation | On or near Bates Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Turnpike Close |