£274,209
This estimated value is based upon the latest sale price for the house of £116,250 on 30 Jun 2003. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Tiptree Close
More crime details
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| Price Paid | Date |
|---|---|
| £116,250 | 30 Jun 2003 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 June 2003 the House Price Index for LEICESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £116,250 results in an estimated price of approximately £274,209.
| 30 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £116,250 | £157,959 | £274,209 |
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 | 126.285 % | £146,805 | £263,055 |
| 3 Month Average | 146.768 % | £170,617 | £286,867 |
| 6 Month Average | 169.563 % | £197,116 | £313,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £354,533 | £350,000 | 6 DANBURY DRIVE |
| 10 Jul 2023 | £212,865 | £210,000 | 17 GALLEYWOOD DRIVE |
| 11 Aug 2022 | £281,243 | £282,000 | 63 WILTSHIRE ROAD |
| 15 Dec 2021 | £343,912 | £321,000 | 64 SOMERSET AVENUE |
| 14 Dec 2021 | £246,417 | £230,000 | 94 SOMERSET AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Mar 2017. Using an estimated price of £274,210 means this house is valued at £3,656 per sq meter (£339 per sq foot).
The average size of a house on DANBURY DRIVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Tiptree Close |
| Dec 2023 | Burglary | Under investigation | On or near Tiptree Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Somerset Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerset Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Somerset Avenue |