£447,892
This estimated value is based upon the latest sale price for the house of £322,500 on 17 Oct 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£322,500 | 17 Oct 2016 |
£335,000 | 30 Sep 2016 |
£281,000 | 20 May 2011 |
£179,950 | 28 Sep 2000 |
Detached |
Freehold |
Floor Area: 203 sq meters or 2,185 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 October 2016 the House Price Index for LEICESTERSHIRE was 75.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 38.881%.Applying this 38.881% change to the original purchase price of £322,500 results in an estimated price of approximately £447,892.
17 Oct 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.1 | 104.3 | 38.881 % | £322,500 | £125,392 | £447,892 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | -6.356 % | £-20,498 | £302,001 |
3 Month Average | 37.804 % | £121,916 | £444,416 |
6 Month Average | 28.683 % | £92,502 | £415,002 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Feb 2025 | £378,811 | £373,000 | 12 FORSYTHIA CLOSE |
18 Oct 2024 | £479,301 | £460,000 | 15 FORSYTHIA CLOSE |
28 Aug 2024 | £535,680 | £510,000 | 64 LILAC DRIVE |
16 Aug 2024 | £378,127 | £360,000 | 54 LILAC DRIVE |
2 Jun 2023 | £465,909 | £440,000 | 21 LAVENDER CLOSE |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 18 Jan 2015. Using an estimated price of £447,893 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on LAVENDER CLOSE is 169 sq meters (1,822 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Vehicle crime | Under investigation | On or near Jasmine Close |
Mar 2025 | Anti-social behaviour | On or near Azalea Close | |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Azalea Close |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Willow Tree Crescent |
Mar 2025 | Robbery | Under investigation | On or near Willow Tree Crescent |