£380,271
This estimated value is based upon the latest sale price for the house of £235,000 on 12 Apr 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 12 Apr 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 April 2007 the House Price Index for LEICESTERSHIRE was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £235,000 results in an estimated price of approximately £380,271.
| 12 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £235,000 | £145,271 | £380,271 |
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 | 94.193 % | £221,353 | £456,353 |
| 3 Month Average | 42.721 % | £100,394 | £335,394 |
| 6 Month Average | 66.832 % | £157,054 | £392,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £211,840 | £210,000 | 16 THE OLD COFFEE MILLS SPRINGFIELD STREET |
| 3 Apr 2024 | £181,577 | £180,000 | 4 SHRUBBERY COURT NORTHAMPTON ROAD |
| 27 Oct 2023 | £143,254 | £140,000 | FLAT 19 MAXWELL LODGE NORTHAMPTON ROAD |
| 12 Oct 2023 | £92,092 | £90,000 | FLAT 26 MARSHALL COURT NORTHAMPTON ROAD |
| 26 Jun 2023 | £180,620 | £177,000 | 12 EDNA BOWLEY COURT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Oct 2019. Using an estimated price of £380,272 means this house is valued at £4,370 per sq meter (£406 per sq foot).
The average size of a house on SPRINGFIELD STREET is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Springfield Court |
| Jun 2024 | Drugs | Local resolution | On or near Springfield Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Court |
| Jun 2024 | Drugs | Local resolution | On or near Parking Area |
| May 2024 | Other crime | Formal action is not in the public interest | On or near Parking Area |