£281,390
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Oct 2023 |
| £150,000 | 21 Dec 2012 |
| £142,500 | 23 Jul 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £275,000 results in an estimated price of approximately £281,390.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £275,000 | £6,390 | £281,390 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 13.037 % | £35,852 | £310,852 |
| 3 Month Average | -5.935 % | £-16,321 | £258,678 |
| 6 Month Average | 0.597 % | £1,642 | £276,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2024 | £250,000 | £250,000 | 249 GLOUCESTER CRESCENT |
| 31 Jul 2024 | £240,000 | £240,000 | 1 CHESHIRE DRIVE |
| 23 Apr 2024 | £319,777 | £317,000 | 133 DORSET AVENUE |
| 5 Apr 2024 | £226,971 | £225,000 | 12 DURHAM DRIVE |
| 19 Mar 2024 | £172,653 | £170,000 | 3 DURHAM DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 2 May 2012. Using an estimated price of £281,391 means this house is valued at £3,058 per sq meter (£284 per sq foot).
The average size of a house on DORSET AVENUE is 82 sq meters (888 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Glenborne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenborne Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenborne Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durham Drive |