£322,653
This estimated value is based upon the latest sale price for the house of £57,500 on 7 May 1996. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £57,500 | 7 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 sq feet |
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 May 1996 the House Price Index for LEICESTER was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £57,500 results in an estimated price of approximately £322,653.
| 7 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £57,500 | £265,153 | £322,653 |
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 | 393.892 % | £226,487 | £283,987 |
| 3 Month Average | 440.657 % | £253,378 | £310,878 |
| 6 Month Average | 481.113 % | £276,639 | £334,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jan 2023 | £368,265 | £370,000 | 24 BARBARA AVENUE |
| 9 Sep 2022 | £247,997 | £250,000 | 9 PETERS DRIVE |
| 14 Apr 2022 | £180,215 | £175,000 | 41 PETERS DRIVE |
| 7 Dec 2021 | £305,342 | £285,000 | 5 PETERS DRIVE |
| 28 Oct 2021 | £331,943 | £300,000 | 3 TREETOPS CLOSE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 12 Aug 2013. Using an estimated price of £322,653 means this house is valued at £2,042 per sq meter (£189 per sq foot).
The average size of a house on PETERS DRIVE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Treetops Close |
| Mar 2024 | Burglary | Under investigation | On or near Crofters Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crofters Drive |
| Jan 2024 | Possession of weapons | Unable to prosecute suspect | On or near Barbara Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barbara Avenue |