£331,828
This estimated value is based upon the latest sale price for the house of £58,500 on 31 Jan 1996. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £58,500 | 31 Jan 1996 |
| £65,000 | 7 Feb 1995 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in January 1996 the House Price Index for LEICESTER was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £58,500 results in an estimated price of approximately £331,828.
| 31 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £58,500 | £273,328 | £331,828 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 464.003 % | £271,441 | £329,941 |
| 3 Month Average | 440.177 % | £257,503 | £316,003 |
| 6 Month Average | 463.105 % | £270,916 | £329,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2022 | £433,832 | £435,000 | 21 WELLAND VALE ROAD |
| 18 Jun 2021 | £327,242 | £305,000 | 7 ALCESTER DRIVE |
| 11 Sep 2020 | £288,534 | £243,000 | 4 FERMAIN CLOSE |
| 21 Aug 2020 | £479,626 | £400,000 | 2 ALCESTER DRIVE |
| 11 Aug 2020 | £401,687 | £335,000 | 13 KINGSCLIFFE CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodnewton Drive |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Under investigation | On or near Supermarket |