£391,792
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Aug 2011. 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 Melton Road
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 15 Aug 2011 |
| 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 August 2011 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £225,000 results in an estimated price of approximately £391,792.
| 15 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £225,000 | £166,792 | £391,792 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 21.539 % | £48,463 | £273,463 |
| 3 Month Average | 43.194 % | £97,185 | £322,185 |
| 6 Month Average | 43.901 % | £98,776 | £323,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £418,937 | £412,500 | 2 BARNARDS PLACE |
| 17 Nov 2023 | £728,492 | £710,000 | 15 WEST END |
| 6 Sep 2023 | £373,227 | £365,000 | ROWAN MELTON ROAD |
| 15 Mar 2023 | £483,067 | £475,000 | GLENCREE CLAXTON RISE |
| 24 Oct 2022 | £308,968 | £310,000 | PLOT 2 MELTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Melton Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Melton Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Melton Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Coronation Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Kings Road |