£543,220
This estimated value is based upon the latest sale price for the house of £490,000 on 16 Mar 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 16 Mar 2021 |
| 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 March 2021 the House Price Index for LEICESTERSHIRE was 133.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.861%.Applying this 10.861% change to the original purchase price of £490,000 results in an estimated price of approximately £543,220.
| 16 Mar 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.0 | 10.861 % | £490,000 | £53,220 | £543,220 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | -43.001 % | £-210,707 | £279,292 |
| 3 Month Average | -22.547 % | £-110,478 | £379,521 |
| 6 Month Average | -2.938 % | £-14,397 | £475,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £379,877 | £375,000 | 27 THE LEYS |
| 25 Aug 2023 | £1,255,133 | £1,247,500 | 27 WILLOUGHBY ROAD |
| 25 Aug 2023 | £570,972 | £567,500 | 18 STONECROFT |
| 6 Jun 2023 | £584,741 | £580,000 | 11 WILLOUGHBY ROAD |
| 9 Mar 2023 | £346,875 | £345,000 | 8 BEECHINGS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Willoughby Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Willoughby Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Close |
| Jan 2024 | Drugs | Local resolution | On or near Sports/Recreation Area |
| Apr 2024 | Burglary | Under investigation | On or near The Leys |