£198,355
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Apr 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Tiptree Close
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Apr 2008 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in April 2008 the House Price Index for LEICESTER was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £125,000 results in an estimated price of approximately £198,355.
| 9 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £125,000 | £73,355 | £198,355 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 65.268 % | £81,585 | £206,585 |
| 3 Month Average | 69.009 % | £86,261 | £211,261 |
| 6 Month Average | 72.640 % | £90,800 | £215,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £354,533 | £350,000 | 6 DANBURY DRIVE |
| 10 Jul 2023 | £212,865 | £210,000 | 17 GALLEYWOOD DRIVE |
| 14 Jan 2022 | £258,366 | £245,500 | 8 SOMERSET AVENUE |
| 15 Dec 2021 | £343,912 | £321,000 | 64 SOMERSET AVENUE |
| 28 Jun 2021 | £257,502 | £240,000 | 9 SOMERSET AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Dec 2013. Using an estimated price of £198,355 means this house is valued at £2,179 per sq meter (£202 per sq foot).
The average size of a house on TIPTREE CLOSE is 120 sq meters (1,299 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Under investigation | On or near Tiptree Close |
| Dec 2023 | Vehicle crime | Under investigation | On or near Tiptree Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Anthony Road |
| Feb 2024 | Other theft | Under investigation | On or near Peldon Close |
| Jan 2024 | Drugs | Local resolution | On or near Peldon Close |