£645,862
This estimated value is based upon the latest sale price for the house of £340,000 on 8 Dec 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 8 Dec 2004 |
| £275,000 | 30 Jan 2003 |
| £142,500 | 28 Jun 1996 |
| Detached |
| Freehold |
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 December 2004 the House Price Index for LEICESTERSHIRE was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £340,000 results in an estimated price of approximately £645,862.
| 8 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £340,000 | £305,862 | £645,862 |
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 | 145.736 % | £495,502 | £835,502 |
| 3 Month Average | 61.532 % | £209,207 | £549,207 |
| 6 Month Average | 78.242 % | £266,021 | £606,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £562,278 | £545,000 | 13 ALVINGTON WAY |
| 24 Nov 2023 | £661,799 | £645,000 | 106 BURNMILL ROAD |
| 31 Oct 2023 | £383,715 | £375,000 | 11 RIDGEWAY WEST |
| 18 Aug 2023 | £458,265 | £450,000 | 110 BURNMILL ROAD |
| 8 Aug 2023 | £659,393 | £647,500 | 4 ALVINGTON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Bates Close |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Bates Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bates Close |
| Apr 2024 | Drugs | Under investigation | On or near Bates Close |
| Apr 2024 | Drugs | Local resolution | On or near Bates Close |