£497,799
This estimated value is based upon the latest sale price for the house of £400,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 4 Jan 2019 |
| £279,000 | 3 Jan 2007 |
| 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 January 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £400,000 results in an estimated price of approximately £497,799.
| 4 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £400,000 | £97,799 | £497,799 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 31.474 % | £125,895 | £525,895 |
| 3 Month Average | 28.931 % | £115,725 | £515,725 |
| 6 Month Average | 23.115 % | £92,460 | £492,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £336,290 | £330,000 | 29 CHARNWOOD DRIVE |
| 6 Apr 2023 | £453,482 | £445,000 | 1 ANTHONY DRIVE |
| 18 Aug 2022 | £283,325 | £282,000 | 10 FOREST RISE |
| 12 Aug 2022 | £234,296 | £233,200 | 11 FOREST RISE |
| 28 Jan 2022 | £333,962 | £315,000 | 19 FOREST RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Rise |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Forest Rise |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Forest Rise |
| Oct 2024 | Vehicle crime | Under investigation | On or near Forest Rise |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Forest Rise |