£373,851
This estimated value is based upon the latest sale price for the house of £73,000 on 2 Jun 1997. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £73,000 | 2 Jun 1997 |
| £63,000 | 9 Aug 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 June 1997 the House Price Index for LEICESTERSHIRE was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £73,000 results in an estimated price of approximately £373,851.
| 2 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £73,000 | £300,851 | £373,851 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 377.438 % | £275,529 | £348,529 |
| 3 Month Average | 249.897 % | £182,424 | £255,424 |
| 6 Month Average | 273.621 % | £199,743 | £272,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £196,721 | £195,000 | 7 PALMER DRIVE |
| 28 Jul 2023 | £638,595 | £630,000 | 5 ST MARYS ROAD |
| 7 Jul 2023 | £247,329 | £244,000 | 30 BAKER STREET |
| 4 Nov 2022 | £419,914 | £425,000 | 28 SPRING CLOSE |
| 20 May 2022 | £321,049 | £315,000 | 20 SPRING CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Road |
| Feb 2024 | Anti-social behaviour | On or near Orchard Road | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Road | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Road | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Church Gate |