£327,273
This estimated value is based upon the latest sale price for the house of £189,000 on 10 Jan 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £189,000 | 10 Jan 2012 |
| £180,000 | 22 Sep 2004 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2012 the House Price Index for LEICESTERSHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £189,000 results in an estimated price of approximately £327,273.
| 10 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £189,000 | £138,273 | £327,273 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 80.053 % | £151,299 | £340,299 |
| 3 Month Average | 70.413 % | £133,080 | £322,080 |
| 6 Month Average | 62.110 % | £117,387 | £306,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £353,066 | £350,000 | 16 BLENHEIM CLOSE |
| 8 Dec 2023 | £237,291 | £230,000 | 23 WARWICK GARDENS |
| 3 Nov 2023 | £359,116 | £350,000 | 58 BARWELL LANE |
| 25 Sep 2023 | £294,492 | £288,000 | 2 BLENHEIM CLOSE |
| 23 Jun 2023 | £329,605 | £323,000 | 5 NORWOOD CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Aug 2018. Using an estimated price of £327,273 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on NORWOOD CLOSE is 108 sq meters (1,163 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kingston Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harwood Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woburn Close |