£442,174
This estimated value is based upon the latest sale price for the house of £91,500 on 19 Dec 1997. 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 Fern Ley Close
More crime details
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| Price Paid | Date |
|---|---|
| £91,500 | 19 Dec 1997 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 sq feet |
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 December 1997 the House Price Index for LEICESTERSHIRE was 30.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 383.251%.Applying this 383.251% change to the original purchase price of £91,500 results in an estimated price of approximately £442,174.
| 19 Dec 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 146.7 | 383.251 % | £91,500 | £350,674 | £442,174 |
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 | 221.943 % | £203,077 | £294,577 |
| 3 Month Average | 318.197 % | £291,150 | £382,650 |
| 6 Month Average | 361.789 % | £331,037 | £422,537 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 25 Jun 2019.
The average size of a house on BALMORAL CLOSE is 117 sq meters (1,267 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bellfields Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bellfields Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlongs |