£235,477
This estimated value is based upon the latest sale price for the house of £192,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £192,000 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2019 the House Price Index for LEICESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £192,000 results in an estimated price of approximately £235,477.
| 8 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £192,000 | £43,477 | £235,477 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 7.300 % | £14,016 | £206,016 |
| 3 Month Average | 9.043 % | £17,362 | £209,362 |
| 6 Month Average | 21.799 % | £41,854 | £233,854 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £283,626 | £280,000 | 8 DITCHLING AVENUE |
| 28 Jul 2023 | £185,497 | £183,000 | 78 WESTFIELD ROAD |
| 13 Jun 2023 | £268,249 | £265,000 | 7 BRAMPTON AVENUE |
| 1 Jul 2022 | £300,810 | £300,000 | 130 GLENFIELD ROAD |
| 6 Jun 2022 | £329,659 | £325,000 | 16 BRAMPTON AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 Sep 2019. Using an estimated price of £235,478 means this house is valued at £2,803 per sq meter (£260 per sq foot).
The average size of a house on BALCOMBE AVENUE is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balcombe Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Balcombe Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plymstock Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindfield Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lindfield Road |