£393,197
This estimated value is based upon the latest sale price for the house of £320,000 on 6 Jan 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 6 Jan 2020 |
| £210,000 | 16 Feb 2006 |
| £106,000 | 29 Mar 1996 |
| 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 2020 the House Price Index for LEICESTERSHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £320,000 results in an estimated price of approximately £393,197.
| 6 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £320,000 | £73,197 | £393,197 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 11.660 % | £37,312 | £357,312 |
| 3 Month Average | 34.492 % | £110,374 | £430,374 |
| 6 Month Average | 25.327 % | £81,046 | £401,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £225,000 | £225,000 | 5 PARK DRIVE |
| 12 Dec 2023 | £330,145 | £320,000 | 22 SOMERSET DRIVE |
| 12 Dec 2023 | £309,511 | £300,000 | 30 SOMERSET DRIVE |
| 21 Sep 2023 | £145,201 | £142,000 | 21 UNDERWOOD COURT |
| 17 Mar 2023 | £218,652 | £215,000 | 6 UNDERWOOD COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Carpenter'S Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Underwood Court |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jordan Close |
| Aug 2024 | Anti-social behaviour | On or near Jordan Close | |
| Aug 2024 | Anti-social behaviour | On or near Jordan Close |