£1,044,886
This estimated value is based upon the latest sale price for the house of £655,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £655,000 | 28 Feb 2014 |
| £345,000 | 30 Jul 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 February 2014 the House Price Index for LEICESTERSHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £655,000 results in an estimated price of approximately £1,044,886.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £655,000 | £389,886 | £1,044,886 |
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 | 100.633 % | £659,148 | £1,314,148 |
| 3 Month Average | 45.172 % | £295,877 | £950,877 |
| 6 Month Average | 56.759 % | £371,769 | £1,026,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £992,543 | £970,000 | 4 THE PINES MAIN STREET |
| 3 Feb 2023 | £296,984 | £295,000 | 7 OVERFIELD AVENUE |
| 3 Aug 2022 | £442,267 | £440,199 | 38 LEICESTER LANE |
| 29 Apr 2022 | £290,478 | £280,000 | 11 CENTENARY CLOSE |
| 13 Apr 2022 | £902,557 | £870,000 | 5 TOP YARD FARM BURNMILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnmill Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Leicester Lane |
| May 2024 | Anti-social behaviour | On or near Frank Burditt Drive |