£297,542
This estimated value is based upon the latest sale price for the house of £270,000 on 13 Oct 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 13 Oct 2021 |
| £233,000 | 27 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 October 2021 the House Price Index for LEICESTERSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £270,000 results in an estimated price of approximately £297,542.
| 13 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £270,000 | £27,542 | £297,542 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 19.468 % | £52,563 | £322,563 |
| 3 Month Average | -1.878 % | £-5,071 | £264,928 |
| 6 Month Average | -10.210 % | £-27,567 | £242,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £270,055 | £267,500 | 6 LUDLOW DRIVE |
| 14 Apr 2023 | £277,059 | £275,000 | 13 BROWNING CLOSE |
| 9 Sep 2022 | £232,176 | £235,000 | 6 BALMORAL ROAD |
| 30 May 2022 | £175,610 | £173,000 | 21 HARLECH WALK |
| 3 Mar 2022 | £258,020 | £250,000 | 14 BALMORAL ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 12 Jun 2018. Using an estimated price of £297,543 means this house is valued at £2,324 per sq meter (£215 per sq foot).
There is one other house on the street which we know the size of, this is 35 LAXTON CLOSE it is 114.3
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Balmoral Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Balmoral Road |
| Apr 2024 | Other crime | Under investigation | On or near Bramley Close |