£705,390
This estimated value is based upon the latest sale price for the house of £315,000 on 17 Oct 2003. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Newstead Avenue
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| Price Paid | Date |
|---|---|
| £315,000 | 17 Oct 2003 |
| £84,500 | 16 Aug 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 October 2003 the House Price Index for LEICESTERSHIRE was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £315,000 results in an estimated price of approximately £705,390.
| 17 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 148.6 | 123.933 % | £315,000 | £390,390 | £705,390 |
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 | 115.546 % | £363,970 | £678,970 |
| 3 Month Average | 88.091 % | £277,486 | £592,486 |
| 6 Month Average | 93.019 % | £293,011 | £608,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £850,879 | £840,000 | 6 LIMES CLOSE |
| 18 Aug 2023 | £595,207 | £590,000 | 9A BRAMLEY ORCHARD |
| 14 Jul 2023 | £567,640 | £560,000 | 8 BENNION ROAD |
| 30 Jun 2023 | £258,127 | £255,000 | 11 RANDLES CLOSE |
| 1 Jun 2023 | £629,627 | £622,000 | 77 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newstead Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Newstead Avenue |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Randles Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hollies Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Hollies Way |