£603,117
This estimated value is based upon the latest sale price for the house of £459,950 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £459,950 | 15 Dec 2016 |
| £195,000 | 4 May 2001 |
| £149,000 | 23 Apr 1999 |
| £139,500 | 29 May 1997 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £459,950 results in an estimated price of approximately £603,117.
| 15 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £459,950 | £143,167 | £603,117 |
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 | 3.537 % | £16,267 | £476,217 |
| 3 Month Average | 25.228 % | £116,035 | £575,985 |
| 6 Month Average | 29.754 % | £136,853 | £596,803 |
| 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 |
| 22 Feb 2023 | £612,588 | £613,000 | 3 MONROE CLOSE |
| 29 Apr 2022 | £602,432 | £585,000 | 25 ALVINGTON WAY |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 13 Sep 2016. Using an estimated price of £603,117 means this house is valued at £4,047 per sq meter (£376 per sq foot).
The average size of a house on BATES CLOSE is 176 sq meters (1,897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Bates Close |
| Apr 2024 | Drugs | Under investigation | 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 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smyth Close |