£374,687
This estimated value is based upon the latest sale price for the house of £220,000 on 31 Aug 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 31 Aug 2012 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 2012 the House Price Index for LEICESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £220,000 results in an estimated price of approximately £374,687.
| 31 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £220,000 | £154,687 | £374,687 |
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 | 75.455 % | £166,000 | £386,000 |
| 3 Month Average | 63.412 % | £139,506 | £359,506 |
| 6 Month Average | 68.391 % | £150,460 | £370,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £122,651 | £121,000 | 1 LODGE CLOSE |
| 14 Apr 2023 | £227,449 | £225,000 | 23 LODGE CLOSE |
| 10 Mar 2023 | £358,376 | £355,000 | 54 TAMWORTH ROAD |
| 9 Sep 2022 | £277,757 | £280,000 | 45A TAMWORTH ROAD |
| 28 Jul 2022 | £172,966 | £172,500 | 12 AVENUE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 14 Apr 2012. Using an estimated price of £374,687 means this house is valued at £3,469 per sq meter (£322 per sq foot).
The average size of a house on PARK CLOSE is 134 sq meters (1,444 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Tamworth Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Western Close |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Bristol Avenue |
| Apr 2024 | Anti-social behaviour | On or near Pithiviers Close |