£320,115
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There have been two burglaries within the last year on or near Gilbert Close
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 17 Dec 2021 |
| £152,500 | 1 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 43 sq meters or 462 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in December 2021 the House Price Index for LEICESTER was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £300,000 results in an estimated price of approximately £320,115.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £300,000 | £20,115 | £320,115 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 1.885 % | £5,656 | £305,656 |
| 3 Month Average | 12.676 % | £38,028 | £338,028 |
| 6 Month Average | 5.690 % | £17,069 | £317,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £60,780 | £60,000 | 14 LONGHURST CLOSE |
| 31 Mar 2023 | £388,098 | £386,000 | 16 BUTLER CLOSE |
| 20 Jul 2022 | £329,555 | £330,000 | 36 BUTLER CLOSE |
| 26 May 2022 | £217,229 | £214,000 | 10 BUTLER CLOSE |
| 14 Mar 2022 | £57,796 | £56,000 | 24 LONGHURST CLOSE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 18 Sep 2018. Using an estimated price of £320,115 means this house is valued at £7,444 per sq meter (£691 per sq foot).
The average size of a house on GILBERT CLOSE is 70 sq meters (761 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Gilbert Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Gilbert Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gilbert Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhurst Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |