£678,090
This estimated value is based upon the latest sale price for the house of £184,950 on 13 Nov 2000. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £184,950 | 13 Nov 2000 |
| £128,200 | 22 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 185 sq meters or 1,991 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 November 2000 the House Price Index for LEICESTERSHIRE was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £184,950 results in an estimated price of approximately £678,090.
| 13 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £184,950 | £493,140 | £678,090 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 151.437 % | £280,081 | £465,031 |
| 3 Month Average | 269.789 % | £498,975 | £683,925 |
| 6 Month Average | 286.212 % | £529,348 | £714,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £479,742 | £465,000 | 11 KING RICHARD WAY |
| 1 Aug 2023 | £590,653 | £580,000 | 7 PLANTAGENET WAY |
| 23 Jun 2022 | £372,973 | £365,000 | 59 NOTTINGHAM ROAD |
| 31 Mar 2022 | £289,169 | £277,000 | 34 NOTTINGHAM ROAD |
| 14 Jan 2022 | £483,981 | £456,500 | 3 FEATHERBED LANE |
This house has a floor area of 185 sq meters or 1,991 sq feet when measured on 19 Mar 2015. Using an estimated price of £678,091 means this house is valued at £3,665 per sq meter (£340 per sq foot).
The average size of a house on FAIRFAX CLOSE is 192 sq meters (2,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Gilby Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilby Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gilby Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gilby Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Naseby Drive |