£2,144,808
This estimated value is based upon the latest sale price for the house of £350,000 on 3 May 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 3 May 2023 |
| £229,500 | 26 Feb 2016 |
| 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 May 2023 the House Price Index for LEICESTERSHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £350,000 results in an estimated price of approximately £2,144,808.
| 3 May 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £350,000 | £1,794,808 | £2,144,808 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | 11.168 % | £39,087 | £389,087 |
| 3 Month Average | 11.373 % | £39,804 | £389,804 |
| 6 Month Average | 3.591 % | £12,570 | £362,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £490,000 | £490,000 | 59 OAKS ROAD |
| 17 May 2024 | £455,000 | £455,000 | 2 STONEHILL DRIVE |
| 20 Sep 2023 | £562,398 | £550,000 | 3 HILL TOP AVENUE |
| 7 Jun 2023 | £246,949 | £242,000 | 15 CHERRY GROVE |
| 2 Jun 2023 | £538,798 | £528,000 | 26 STONEHILL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Hilltop Avenue |
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Oak Tree Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oak Tree Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Tree Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cherry Grove |