£562,049
This estimated value is based upon the latest sale price for the house of £220,000 on 6 Dec 2002. 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 Otter Way
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| Price Paid | Date |
|---|---|
| £220,000 | 6 Dec 2002 |
| £172,500 | 24 Aug 2001 |
| £105,000 | 6 Dec 1996 |
| £110,000 | 5 Dec 1996 |
| 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 December 2002 the House Price Index for LEICESTERSHIRE was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £220,000 results in an estimated price of approximately £562,049.
| 6 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £220,000 | £342,049 | £562,049 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | 102.415 % | £225,312 | £445,312 |
| 3 Month Average | 106.922 % | £235,227 | £455,227 |
| 6 Month Average | 137.385 % | £302,246 | £522,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £449,918 | £440,000 | 18 OTTER WAY |
| 1 Jul 2022 | £363,644 | £360,000 | 10 FOX COVERT |
| 22 Dec 2021 | £385,313 | £357,000 | 20 METEOR WAY |
| 30 Sep 2021 | £199,745 | £184,000 | 7 FALLOW CLOSE |
| 28 Sep 2021 | £403,832 | £372,000 | 4 OTTER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Otter Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Beaver Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Fox Covert |
| Jul 2024 | Anti-social behaviour | On or near Leveret Drive | |
| Jun 2024 | Anti-social behaviour | On or near Leveret Drive |