£261,300
This estimated value is based upon the latest sale price for the house of £145,000 on 22 Dec 2005. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 December 2005 the House Price Index for LEICESTER was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £145,000 results in an estimated price of approximately £261,300.
| 22 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £145,000 | £116,300 | £261,300 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 72.105 % | £104,552 | £249,552 |
| 3 Month Average | 84.374 % | £122,342 | £267,342 |
| 6 Month Average | 92.589 % | £134,253 | £279,253 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £197,660 | £195,000 | 103 HUGGETT CLOSE |
| 31 Mar 2023 | £389,671 | £386,000 | 16 BUTLER CLOSE |
| 13 Mar 2023 | £222,092 | £220,000 | 3 SHEARER CLOSE |
| 3 Feb 2023 | £249,832 | £250,000 | 101 TREVINO DRIVE |
| 21 Jul 2022 | £245,661 | £245,000 | 5 SHEARER CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 18 Dec 2019. Using an estimated price of £261,300 means this house is valued at £2,090 per sq meter (£194 per sq foot).
The average size of a house on SHEARER CLOSE is 88 sq meters (951 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shearer Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shearer Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shearer Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Shearer Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shearer Close |