£639,337
This estimated value is based upon the latest sale price for the house of £515,000 on 22 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £515,000 | 22 Oct 2018 |
| £194,950 | 30 Jun 2000 |
| Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 October 2018 the House Price Index for LEICESTERSHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £515,000 results in an estimated price of approximately £639,337.
| 22 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £515,000 | £124,337 | £639,337 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 75.062 % | £386,571 | £901,571 |
| 3 Month Average | 4.362 % | £22,464 | £537,464 |
| 6 Month Average | 11.672 % | £60,111 | £575,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £361,096 | £350,000 | 16 BARLEY WAY |
| 12 Dec 2023 | £257,926 | £250,000 | 1 BARLEY WAY |
| 7 Nov 2023 | £615,627 | £600,000 | 14 MILLERS GARDENS |
| 20 Jan 2023 | £376,005 | £375,000 | 4 HOPS CLOSE |
| 5 Aug 2022 | £442,067 | £440,000 | 2 HARVEST ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 May 2018. Using an estimated price of £639,337 means this house is valued at £4,566 per sq meter (£424 per sq foot).
The average size of a house on RILEY CLOSE is 171 sq meters (1,845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Harborough Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Top Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rhodes Close |
| May 2024 | Anti-social behaviour | On or near Harvest Road | |
| May 2024 | Anti-social behaviour | On or near Harvest Road |