£373,201
This estimated value is based upon the latest sale price for the house of £300,000 on 20 Sep 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Balmoral Road
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| Price Paid | Date |
|---|---|
| £300,000 | 20 Sep 2018 |
| £245,000 | 6 Sep 2013 |
| £179,950 | 27 Mar 2002 |
| £155,450 | 2 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 September 2018 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £300,000 results in an estimated price of approximately £373,201.
| 20 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £300,000 | £73,201 | £373,201 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 35.990 % | £107,969 | £407,969 |
| 3 Month Average | 17.031 % | £51,092 | £351,092 |
| 6 Month Average | 15.527 % | £46,581 | £346,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £335,898 | £335,000 | 15 KENSINGTON ROAD |
| 17 Dec 2020 | £435,891 | £377,000 | 8 BALMORAL ROAD |
| 30 Nov 2020 | £268,625 | £230,000 | 10 GARGANEY CLOSE |
| 30 Oct 2020 | £427,800 | £362,000 | 2 BALMORAL ROAD |
| 28 Aug 2020 | £169,112 | £140,000 | 6 GARGANEY CLOSE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 24 Apr 2013. Using an estimated price of £373,202 means this house is valued at £2,439 per sq meter (£226 per sq foot).
The average size of a house on KENSINGTON ROAD is 161 sq meters (1,738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Balmoral Road |
| May 2024 | Public order | Unable to prosecute suspect | On or near Garganey Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Curlew Close |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Public order | Local resolution | On or near Sports/Recreation Area |