£242,288
This estimated value is based upon the latest sale price for the house of £195,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £195,000 | 5 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 July 2019 the House Price Index for LEICESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £195,000 results in an estimated price of approximately £242,288.
| 5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £195,000 | £47,288 | £242,288 |
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 | 47.362 % | £92,355 | £287,355 |
| 3 Month Average | 26.211 % | £51,111 | £246,111 |
| 6 Month Average | 31.366 % | £61,164 | £256,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £100,000 | £100,000 | 15 WAVERTREE DRIVE |
| 4 Apr 2024 | £277,409 | £275,000 | 6 WAVERTREE DRIVE |
| 4 Apr 2024 | £317,759 | £315,000 | 47 LANESBOROUGH ROAD |
| 22 Mar 2024 | £261,010 | £257,000 | 34 OAKLAND AVENUE |
| 21 Apr 2023 | £331,195 | £325,000 | 8 LANESBOROUGH ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Jan 2015. Using an estimated price of £242,288 means this house is valued at £3,461 per sq meter (£321 per sq foot).
The average size of a house on ALAN CLOSE is 100 sq meters (1,082 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alan Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alan Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakland Avenue |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Watermead Way |
| Jul 2024 | Public order | Under investigation | On or near Lanesborough Road |