£196,973
This estimated value is based upon the latest sale price for the house of £192,500 on 9 Feb 2024. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£192,500 | 9 Feb 2024 |
£57,500 | 8 Dec 1995 |
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 February 2024 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £192,500 results in an estimated price of approximately £196,973.
9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £192,500 | £4,473 | £196,973 |
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 | 13.889 % | £26,736 | £219,236 |
3 Month Average | 10.152 % | £19,541 | £212,041 |
6 Month Average | 8.478 % | £16,320 | £208,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £291,478 | £287,000 | 13 STEWART DRIVE |
1 Mar 2024 | £154,880 | £152,500 | 59 DE MONTFORT CLOSE |
16 Jun 2023 | £255,112 | £250,000 | 12 COOKSON PLACE |
12 Jan 2023 | £340,911 | £340,000 | 14 STEWART DRIVE |
25 Mar 2022 | £106,481 | £102,000 | 47 DE MONTFORT CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Stewart Drive |