£615,886
This estimated value is based upon the latest sale price for the house of £445,000 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £445,000 | 14 Dec 2015 |
| £145,000 | 16 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 December 2015 the House Price Index for LEICESTERSHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £445,000 results in an estimated price of approximately £615,886.
| 14 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £445,000 | £170,886 | £615,886 |
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 | 11.270 % | £50,149 | £495,149 |
| 3 Month Average | 27.779 % | £123,617 | £568,617 |
| 6 Month Average | 36.132 % | £160,788 | £605,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £554,706 | £545,000 | 13 ALVINGTON WAY |
| 24 Nov 2023 | £654,693 | £645,000 | 106 BURNMILL ROAD |
| 8 Aug 2023 | £653,215 | £647,500 | 4 ALVINGTON WAY |
| 26 Apr 2023 | £849,143 | £840,000 | 134 BURNMILL ROAD |
| 29 Apr 2022 | £602,432 | £585,000 | 25 ALVINGTON WAY |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 8 Jul 2015. Using an estimated price of £615,886 means this house is valued at £3,778 per sq meter (£351 per sq foot).
The average size of a house on SMYTH CLOSE is 171 sq meters (1,845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smyth Close |
| Apr 2024 | Drugs | Under investigation | On or near Bates Close |
| Apr 2024 | Drugs | Local resolution | On or near Bates Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |