£417,890
This estimated value is based upon the latest sale price for the house of £345,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Grangefields Drive
More crime details
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| Price Paid | Date |
|---|---|
| £345,000 | 13 Sep 2019 |
| £232,000 | 30 Mar 2012 |
| 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 September 2019 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.128%.Applying this 21.128% change to the original purchase price of £345,000 results in an estimated price of approximately £417,890.
| 13 Sep 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.128 % | £345,000 | £72,890 | £417,890 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 29.043 % | £100,197 | £445,197 |
| 3 Month Average | 15.536 % | £53,599 | £398,599 |
| 6 Month Average | 12.930 % | £44,608 | £389,608 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Grangefields Drive |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Grangefields Drive |
| Mar 2024 | Other theft | Under investigation | On or near Homefield Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Homefield Lane |
| Feb 2024 | Burglary | Under investigation | On or near Homefield Lane |