£328,901
This estimated value is based upon the latest sale price for the house of £270,000 on 9 Jul 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 9 Jul 2020 |
| £175,000 | 16 Apr 2009 |
| £79,950 | 5 Feb 1999 |
| £65,750 | 21 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 July 2020 the House Price Index for LEICESTERSHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £270,000 results in an estimated price of approximately £328,901.
| 9 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £270,000 | £58,901 | £328,901 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | -1.428 % | £-3,856 | £266,143 |
| 3 Month Average | 18.550 % | £50,084 | £320,084 |
| 6 Month Average | 13.166 % | £35,547 | £305,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £253,433 | £247,000 | 30 MASON ROAD |
| 25 Apr 2023 | £273,108 | £268,000 | 29 CLARK DRIVE |
| 20 May 2022 | £251,553 | £245,000 | 37 CLARK DRIVE |
| 24 Mar 2022 | £260,983 | £250,000 | 18 MILDMAY CLOSE |
| 28 Jun 2021 | £237,250 | £219,500 | 20 TORRANCE DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 Jun 2020. Using an estimated price of £328,901 means this house is valued at £3,356 per sq meter (£311 per sq foot).
The average size of a house on TORRANCE DRIVE is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Close |
| Aug 2024 | Public order | Formal action is not in the public interest | On or near Breward Way |