£358,242
This estimated value is based upon the latest sale price for the house of £287,500 on 29 Aug 2018. 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 George Hill Close
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| Price Paid | Date |
|---|---|
| £287,500 | 29 Aug 2018 |
| £138,000 | 21 May 2010 |
| £112,950 | 8 Aug 2002 |
| £72,450 | 11 Dec 1998 |
| 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 2018 the House Price Index for LEICESTERSHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £287,500 results in an estimated price of approximately £358,242.
| 29 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £287,500 | £70,742 | £358,242 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 37.069 % | £106,573 | £394,073 |
| 3 Month Average | 37.917 % | £109,011 | £396,511 |
| 6 Month Average | 27.851 % | £80,071 | £367,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £243,531 | £238,000 | 16 GEORGE HILL CLOSE |
| 2 Feb 2023 | £216,446 | £215,000 | 6 GEORGE HILL CLOSE |
| 30 Jan 2023 | £176,472 | £176,000 | 54 HIGHFIELD STREET |
| 25 Apr 2022 | £278,029 | £268,000 | 5 GEORGE HILL CLOSE |
| 11 Mar 2022 | £274,032 | £262,500 | 16 ELLISON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near George Hill Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wightman Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Highfield Street |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Meadow Close |
| Oct 2024 | Vehicle crime | Under investigation | On or near Huncote Road |