£236,749
This estimated value is based upon the latest sale price for the house of £175,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 6 May 2016 |
| £165,000 | 3 Jan 2013 |
| Semi-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 May 2016 the House Price Index for LEICESTERSHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £175,000 results in an estimated price of approximately £236,749.
| 6 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £175,000 | £61,749 | £236,749 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 40.398 % | £70,697 | £245,697 |
| 3 Month Average | 61.550 % | £107,711 | £282,711 |
| 6 Month Average | 50.471 % | £88,324 | £263,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £306,972 | £300,000 | 53 WILLIAM SPENCER AVENUE |
| 31 Jan 2023 | £270,723 | £270,000 | 18 LOCKLEY GARDENS |
| 17 Jun 2022 | £296,334 | £290,000 | 2 GRACE ROAD |
| 31 Mar 2022 | £307,960 | £295,000 | 7 GRACE ROAD |
| 24 Sep 2021 | £265,964 | £245,000 | 13 MORLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lockley Gardens |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lockley Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lockley Gardens |
| Aug 2024 | Anti-social behaviour | On or near Lockley Gardens | |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Lockley Gardens |