£280,800
This estimated value is based upon the latest sale price for the house of £162,500 on 8 Jul 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,500 | 8 Jul 2011 |
| £69,500 | 13 Aug 1999 |
| £59,995 | 21 Feb 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 706 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 July 2011 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £162,500 results in an estimated price of approximately £280,800.
| 8 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £162,500 | £118,300 | £280,800 |
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 | 45.616 % | £74,126 | £236,626 |
| 3 Month Average | 35.268 % | £57,310 | £219,810 |
| 6 Month Average | 59.870 % | £97,288 | £259,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £585,119 | £580,000 | 7 PLANTAGENET WAY |
| 26 Jul 2023 | £293,956 | £290,000 | 10 CROMWELL CLOSE |
| 30 Jan 2023 | £278,687 | £280,000 | 7 EDGEHILL WAY |
| 30 Nov 2022 | £111,648 | £113,000 | 18 OAK CRESCENT |
| 23 Jun 2022 | £370,232 | £365,000 | 59 NOTTINGHAM ROAD |
This house has a floor area of 65 sq meters or 706 sq feet when measured on 13 May 2011. Using an estimated price of £280,801 means this house is valued at £4,281 per sq meter (£397 per sq foot).
The average size of a house on CROMWELL CLOSE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edgehill Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edgehill Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edgehill Way |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Edgehill Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Edgehill Way |