£340,628
This estimated value is based upon the latest sale price for the house of £295,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £295,000 | 6 Nov 2020 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 November 2020 the House Price Index for LEICESTER was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £295,000 results in an estimated price of approximately £340,628.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £295,000 | £45,628 | £340,628 |
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 | 7.590 % | £22,390 | £317,390 |
| 3 Month Average | 4.279 % | £12,623 | £307,623 |
| 6 Month Average | 5.003 % | £14,758 | £309,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £288,560 | £287,000 | 54 MARSH CLOSE |
| 24 Feb 2023 | £223,941 | £225,000 | 2 MARSH CLOSE |
| 26 Sep 2022 | £222,296 | £225,000 | 3 MARSH CLOSE |
| 20 May 2022 | £168,048 | £165,550 | 55 MARSH CLOSE |
| 29 Apr 2022 | £256,410 | £250,000 | 8 BEMAN CLOSE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 9 Jul 2015. Using an estimated price of £340,628 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on BARNES CLOSE is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnes Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miller Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miller Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marsh Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Close |