£608,242
This estimated value is based upon the latest sale price for the house of £580,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £580,000 | 11 Feb 2022 |
| £261,950 | 25 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 February 2022 the House Price Index for LEICESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £580,000 results in an estimated price of approximately £608,242.
| 11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £580,000 | £28,242 | £608,242 |
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 | 23.920 % | £138,735 | £718,735 |
| 3 Month Average | 6.020 % | £34,916 | £614,916 |
| 6 Month Average | 3.271 % | £18,974 | £598,974 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £441,537 | £435,000 | 8 THE LONGLANDS |
| 15 Sep 2023 | £430,504 | £425,000 | 64 ASHLEY WAY |
| 21 Jul 2023 | £491,617 | £485,000 | 35 ASHLEY WAY |
| 6 Jan 2023 | £597,187 | £600,000 | 25 AUDLEY CLOSE |
| 21 Jun 2022 | £357,553 | £352,500 | 20 ASHLEY WAY |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 22 Nov 2021. Using an estimated price of £608,243 means this house is valued at £3,754 per sq meter (£348 per sq foot).
The average size of a house on GILBERT CLOSE is 174 sq meters (1,882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Roundhill Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near David Hobbs Rise |