£280,355
This estimated value is based upon the latest sale price for the house of £180,000 on 2 May 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 2 May 2014 |
| £59,500 | 13 Dec 1996 |
| 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 2014 the House Price Index for LEICESTERSHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £180,000 results in an estimated price of approximately £280,355.
| 2 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £180,000 | £100,355 | £280,355 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 19.185 % | £34,533 | £214,533 |
| 3 Month Average | 42.032 % | £75,657 | £255,657 |
| 6 Month Average | 43.211 % | £77,780 | £257,780 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £220,000 | £220,000 | 12 SCHOOL HILL |
| 18 Dec 2023 | £309,511 | £300,000 | 5 BACK STREET |
| 29 Nov 2023 | £738,753 | £720,000 | THE DAIRY, 23 MAIN STREET |
| 24 Feb 2023 | £462,087 | £459,000 | 16 BUTT LANE |
| 30 Jan 2023 | £526,407 | £525,000 | 12 BUTT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Main Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Back Street |
| Sep 2024 | Vehicle crime | Under investigation | On or near Back Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Back Street |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Back Street |