£2,545,918
This estimated value is based upon the latest sale price for the house of £2,500,000 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £2,500,000 | 18 Aug 2023 |
| £1,350,000 | 24 Jan 2011 |
| £780,000 | 18 Feb 2005 |
| 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 August 2023 the House Price Index for LEICESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £2,500,000 results in an estimated price of approximately £2,545,918.
| 18 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £2,500,000 | £45,918 | £2,545,918 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 3.106 % | £77,652 | £2,577,652 |
| 3 Month Average | -9.345 % | £-233,637 | £2,266,362 |
| 6 Month Average | -6.288 % | £-157,207 | £2,342,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £540,000 | £540,000 | MEADOW VIEW, 52 MAIN STREET |
| 21 Dec 2023 | £474,583 | £460,000 | OLD FORGE COTTAGE, 7 WATERFALL WAY |
| 6 Dec 2023 | £1,186,457 | £1,150,000 | 14 WATERFALL WAY |
| 5 Sep 2023 | £956,076 | £935,000 | 8 BROOK TERRACE |
| 18 Aug 2023 | £2,545,918 | £2,500,000 | 10 OLD GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Waterfall Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Main Street |
| Aug 2024 | Other theft | Action to be taken by another organisation | On or near The Lane |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near The Lane |