£771,630
This estimated value is based upon the latest sale price for the house of £166,000 on 15 May 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Paterson Drive
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £166,000 | 15 May 1998 |
| 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 May 1998 the House Price Index for LEICESTERSHIRE was 31.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 364.838%.Applying this 364.838% change to the original purchase price of £166,000 results in an estimated price of approximately £771,630.
| 15 May 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 146.7 | 364.838 % | £166,000 | £605,630 | £771,630 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 356.469 % | £591,739 | £757,739 |
| 3 Month Average | 292.385 % | £485,359 | £651,359 |
| 6 Month Average | 313.566 % | £520,519 | £686,519 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Paterson Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Paterson Drive |
| Mar 2024 | Drugs | Under investigation | On or near Bird Hill Road |
| Mar 2024 | Other theft | Under investigation | On or near Bird Hill Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bird Hill Road |