£190,176
This estimated value is based upon the latest sale price for the house of £130,000 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 5 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 June 2015 the House Price Index for LEICESTERSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £130,000 results in an estimated price of approximately £190,176.
| 5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £130,000 | £60,176 | £190,176 |
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 | 45.576 % | £59,248 | £189,248 |
| 3 Month Average | 50.539 % | £65,700 | £195,700 |
| 6 Month Average | 48.809 % | £63,451 | £193,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £161,402 | £160,000 | 26 RIVINGTON DRIVE |
| 28 Mar 2024 | £208,199 | £205,000 | 75 HERMITAGE ROAD |
| 29 Sep 2023 | £168,719 | £165,000 | 96 SHARPLEY ROAD |
| 29 Aug 2023 | £192,471 | £189,000 | 21 KNIPTON DRIVE |
| 28 Feb 2023 | £176,680 | £175,500 | 24 RIVINGTON DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Mar 2015. Using an estimated price of £190,177 means this house is valued at £2,319 per sq meter (£215 per sq foot).
The average size of a house on HERMITAGE ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Formal action is not in the public interest | On or near Hermitage Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hermitage Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Hermitage Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermitage Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sharpley Road |