£577,452
This estimated value is based upon the latest sale price for the house of £179,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £179,000 | 2 Nov 2001 |
| 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 November 2001 the House Price Index for LEICESTERSHIRE was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £179,000 results in an estimated price of approximately £577,452.
| 2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £179,000 | £398,452 | £577,452 |
The Postcode Pricing Model uses changes in average sales price within the DE74 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 | 138.349 % | £247,643 | £426,643 |
| 3 Month Average | 153.168 % | £274,170 | £453,170 |
| 6 Month Average | 187.687 % | £335,960 | £514,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £299,603 | £295,000 | 2 ORCHARD AVENUE |
| 13 Nov 2023 | £297,553 | £290,000 | 25 THE GREEN |
| 23 Jun 2023 | £460,733 | £451,500 | 44 PARK LANE |
| 24 Jun 2022 | £266,711 | £261,010 | 6 ORCHARD AVENUE |
| 14 Mar 2022 | £245,324 | £235,000 | 40 ORCHARD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near De Lacy Court |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Orchard Avenue |
| May 2024 | Anti-social behaviour | On or near Tipnall Road | |
| May 2024 | Anti-social behaviour | On or near Tipnall Road |