£308,719
This estimated value is based upon the latest sale price for the house of £260,000 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £260,000 | 17 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in September 2020 the House Price Index for LEICESTER was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £260,000 results in an estimated price of approximately £308,719.
| 17 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £260,000 | £48,719 | £308,719 |
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 | -5.446 % | £-14,159 | £245,840 |
| 3 Month Average | 5.054 % | £13,139 | £273,139 |
| 6 Month Average | 10.279 % | £26,725 | £286,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £60,902 | £60,000 | 14 LONGHURST CLOSE |
| 14 Sep 2023 | £273,497 | £270,000 | 24 ARCHER CLOSE |
| 14 Mar 2022 | £58,031 | £56,000 | 24 LONGHURST CLOSE |
| 9 Feb 2022 | £216,031 | £206,000 | 15 GILBERT CLOSE |
| 31 Jan 2022 | £143,127 | £136,000 | 20 LONGHURST CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 11 Oct 2016. Using an estimated price of £308,719 means this house is valued at £2,530 per sq meter (£235 per sq foot).
The average size of a house on ARCHER CLOSE is 79 sq meters (854 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |
| Dec 2023 | Public order | Awaiting court outcome | On or near Archer Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Archer Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Troon Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gilbert Close |