£185,534
This estimated value is based upon the latest sale price for the house of £146,500 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £146,500 | 19 Dec 2017 |
| £135,000 | 29 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2017 the House Price Index for LEICESTERSHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £146,500 results in an estimated price of approximately £185,534.
| 19 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £146,500 | £39,034 | £185,534 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 32.868 % | £48,151 | £194,651 |
| 3 Month Average | 45.839 % | £67,153 | £213,653 |
| 6 Month Average | 43.323 % | £63,467 | £209,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £208,199 | £205,000 | 75 HERMITAGE ROAD |
| 29 Aug 2023 | £192,471 | £189,000 | 21 KNIPTON DRIVE |
| 24 Aug 2023 | £251,537 | £247,000 | 5 RUDYARD CLOSE |
| 28 Jul 2022 | £373,745 | £370,000 | 40 CLOWBRIDGE DRIVE |
| 19 Jul 2022 | £318,188 | £315,000 | 42 KNIPTON DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 5 Sep 2017. Using an estimated price of £185,534 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on KNIPTON DRIVE is 60 sq meters (650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knipton Drive |
| Nov 2024 | Anti-social behaviour | On or near Redmires Close | |
| Nov 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wilstone Close |
| Oct 2024 | Anti-social behaviour | On or near Wilstone Close | |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Wilstone Close |