£282,367
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Feb 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Feb 2017 |
| £98,000 | 9 Oct 1998 |
| £43,000 | 31 Jul 1997 |
| Terraced |
| 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 February 2017 the House Price Index for LEICESTERSHIRE was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £220,000 results in an estimated price of approximately £282,367.
| 23 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £220,000 | £62,367 | £282,367 |
The Postcode Pricing Model uses changes in average sales price within the DE74 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 | 20.809 % | £45,778 | £265,778 |
| 3 Month Average | 23.110 % | £50,842 | £270,842 |
| 6 Month Average | 22.848 % | £50,266 | £270,266 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Packington Hill |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wyvelle Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jeffares Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |