£766,234
This estimated value is based upon the latest sale price for the house of £442,500 on 6 Jan 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £442,500 | 6 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 166 sq meters or 1,796 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 January 2012 the House Price Index for LEICESTERSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £442,500 results in an estimated price of approximately £766,234.
| 6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £442,500 | £323,734 | £766,234 |
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 | 58.660 % | £259,569 | £702,069 |
| 3 Month Average | 76.202 % | £337,193 | £779,693 |
| 6 Month Average | 69.108 % | £305,801 | £748,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £561,247 | £550,000 | 51 HOLYWELL DRIVE |
| 20 Feb 2023 | £312,085 | £310,000 | 60 SPINNEY HILL DRIVE |
| 8 Feb 2023 | £289,433 | £287,500 | 38 HIGHFIELDS DRIVE |
| 2 Feb 2023 | £571,316 | £567,500 | 13 SHEPHERDS CLOSE |
| 16 Jan 2023 | £442,181 | £441,000 | 56 HIGHFIELDS DRIVE |
This house has a floor area of 166 sq meters or 1,796 sq feet when measured on 8 Sep 2011. Using an estimated price of £766,234 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on HOLYWELL DRIVE is 132 sq meters (1,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Benscliffe Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Benscliffe Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rydal Avenue |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Elvyn Way |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Coniston Crescent |