£490,785
This estimated value is based upon the latest sale price for the house of £400,000 on 12 Sep 2019. 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 Spinney Close
More crime details
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| Price Paid | Date |
|---|---|
| £400,000 | 12 Sep 2019 |
| £398,000 | 17 May 2017 |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2019 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £400,000 results in an estimated price of approximately £490,785.
| 12 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £400,000 | £90,785 | £490,785 |
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 | 41.184 % | £164,737 | £564,737 |
| 3 Month Average | 2.158 % | £8,630 | £408,630 |
| 6 Month Average | 15.446 % | £61,785 | £461,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £203,562 | £200,000 | 14 ROYAL MEWS |
| 25 Aug 2023 | £343,001 | £340,000 | 33 LOWER PACKINGTON ROAD |
| 27 Jul 2023 | £182,456 | £180,000 | 22 ROYAL MEWS |
| 28 Jun 2022 | £192,673 | £189,950 | 12 ROYAL MEWS |
| 19 Nov 2021 | £216,303 | £200,000 | 11 ROYAL MEWS |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 May 2012. Using an estimated price of £490,786 means this house is valued at £6,816 per sq meter (£633 per sq foot).
The average size of a house on STATION MEWS is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Close |