£696,652
This estimated value is based upon the latest sale price for the house of £215,950 on 29 Nov 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Stowe Close
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| Price Paid | Date |
|---|---|
| £215,950 | 29 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 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 November 2001 the House Price Index for LEICESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £215,950 results in an estimated price of approximately £696,652.
| 29 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £215,950 | £480,702 | £696,652 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 228.344 % | £493,108 | £709,058 |
| 3 Month Average | 274.620 % | £593,040 | £808,990 |
| 6 Month Average | 262.973 % | £567,889 | £783,839 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £334,371 | £327,000 | 10 DUNCOMBE ROAD |
| 14 Jun 2022 | £485,375 | £475,000 | 64 DUNCOMBE ROAD |
| 18 May 2022 | £486,166 | £473,500 | 49 DUNCOMBE ROAD |
| 8 Feb 2022 | £522,946 | £495,000 | 3 DUNCOMBE ROAD |
| 25 Nov 2021 | £533,865 | £490,000 | 23 DUNCOMBE ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 13 Apr 2015. Using an estimated price of £696,652 means this house is valued at £3,666 per sq meter (£340 per sq foot).
The average size of a house on EDGELEY CLOSE is 208 sq meters (2,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Stowe Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Margam Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bestwood Close |
| Aug 2024 | Anti-social behaviour | On or near Bestwood Close | |
| Aug 2024 | Anti-social behaviour | On or near Bestwood Close |