£172,183
This estimated value is based upon the latest sale price for the house of £101,000 on 14 Nov 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £101,000 | 14 Nov 2012 |
| £45,837 | 27 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2012 the House Price Index for LEICESTERSHIRE was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £101,000 results in an estimated price of approximately £172,183.
| 14 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £101,000 | £71,183 | £172,183 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 60.556 % | £61,162 | £162,162 |
| 3 Month Average | 64.548 % | £65,193 | £166,193 |
| 6 Month Average | 60.705 % | £61,312 | £162,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £246,246 | £239,995 | 22 PLEASANT CLOSE |
| 11 Apr 2023 | £333,946 | £327,700 | 17 SPEEDS PINGLE |
| 17 Mar 2023 | £156,615 | £154,000 | 25 HASTINGS STREET |
| 28 Feb 2023 | £133,894 | £133,000 | APARTMENT 12 TANNI GREY HOUSE UNION STREET |
| 20 Jan 2023 | £215,576 | £215,000 | 5 SPEEDS PINGLE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 18 Apr 2012. Using an estimated price of £172,183 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on ARMITAGE CLOSE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armitage Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speeds Pingle |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Speeds Pingle |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speeds Pingle |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Speeds Pingle |