£327,825
This estimated value is based upon the latest sale price for the house of £311,500 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £311,500 | 17 Jan 2022 |
| £162,000 | 30 Jan 2012 |
| £135,000 | 26 Aug 2005 |
| Semi-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 January 2022 the House Price Index for LEICESTERSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £311,500 results in an estimated price of approximately £327,825.
| 17 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £311,500 | £16,325 | £327,825 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | -3.593 % | £-11,191 | £300,308 |
| 3 Month Average | 5.790 % | £18,036 | £329,536 |
| 6 Month Average | 8.153 % | £25,395 | £336,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £289,805 | £290,000 | 1 RUSSETT WAY |
| 28 Oct 2022 | £259,704 | £262,500 | 3 MALLING CLOSE |
| 11 Oct 2022 | £280,975 | £284,000 | 21 ASHMEAD CRESCENT |
| 21 Jan 2022 | £242,054 | £230,000 | 8 MELBA WAY |
| 21 Jan 2022 | £236,792 | £225,000 | 6 MELBA WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Malling Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Malling Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Malling Close |