£368,366
This estimated value is based upon the latest sale price for the house of £360,000 on 23 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£360,000 | 23 Oct 2023 |
£250,000 | 20 Jun 2008 |
£232,500 | 21 Apr 2006 |
£229,950 | 25 Jun 2004 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 October 2023 the House Price Index for LEICESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £360,000 results in an estimated price of approximately £368,366.
23 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £360,000 | £8,366 | £368,366 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 15.303 % | £55,091 | £415,091 |
3 Month Average | 10.917 % | £39,301 | £399,301 |
6 Month Average | 4.165 % | £14,993 | £374,993 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £380,000 | £380,000 | 143 LUTTERWORTH ROAD |
6 Dec 2023 | £247,609 | £240,000 | 19 FONTWELL DRIVE |
23 Oct 2023 | £368,366 | £360,000 | 10 BRIDGEMERE CLOSE |
31 Mar 2023 | £276,620 | £272,000 | 42 BRIDGEMERE CLOSE |
3 Mar 2023 | £287,806 | £283,000 | 44 BRIDGEMERE CLOSE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 22 Aug 2018. Using an estimated price of £368,366 means this house is valued at £2,855 per sq meter (£265 per sq foot).
The average size of a house on BRIDGEMERE CLOSE is 104 sq meters (1,126 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridgemere Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Aldeby Close |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rushton Drive |
Jul 2024 | Drugs | Local resolution | On or near Rushton Drive |
Oct 2024 | Burglary | Under investigation | On or near Gilmorton Avenue |