£354,093
This estimated value is based upon the latest sale price for the house of £325,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 5 Nov 2021 |
| £160,000 | 1 Nov 2006 |
| £56,000 | 29 Jun 1995 |
| 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 November 2021 the House Price Index for LEICESTERSHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £325,000 results in an estimated price of approximately £354,093.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £325,000 | £29,093 | £354,093 |
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 | 45.867 % | £149,067 | £474,067 |
| 3 Month Average | 17.780 % | £57,785 | £382,785 |
| 6 Month Average | 6.728 % | £21,867 | £346,867 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £289,447 | £285,000 | 4 SHERRARD ROAD |
| 13 Nov 2023 | £297,553 | £290,000 | 12 HAMMOND WAY |
| 6 Jan 2023 | £259,694 | £259,000 | 37 HAMMOND WAY |
| 19 Aug 2022 | £330,546 | £329,000 | 29 RIDGEWAY WEST |
| 27 Jan 2022 | £331,312 | £312,500 | 30 RIDGEWAY WEST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hammond Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hammond Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Street |
| Oct 2024 | Theft from the person | Unable to prosecute suspect | On or near Meadow Close |
| Oct 2024 | Anti-social behaviour | On or near Meadow Close |