£221,147
This estimated value is based upon the latest sale price for the house of £180,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 18 Dec 2018 |
| £60,000 | 18 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 771 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 December 2018 the House Price Index for LEICESTERSHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £180,000 results in an estimated price of approximately £221,147.
| 18 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £180,000 | £41,147 | £221,147 |
The Postcode Pricing Model uses changes in average sales price within the LE65 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 | 57.972 % | £104,350 | £284,350 |
| 3 Month Average | 16.155 % | £29,079 | £209,079 |
| 6 Month Average | 15.146 % | £27,262 | £207,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £212,011 | £208,000 | 52 GRANGE CLOSE |
| 23 Aug 2023 | £316,927 | £315,000 | 19 GRANGE CLOSE |
| 18 Jul 2023 | £122,156 | £121,000 | 1 LODGE CLOSE |
| 14 Apr 2023 | £226,685 | £225,000 | 23 LODGE CLOSE |
| 9 Sep 2022 | £276,636 | £280,000 | 45A TAMWORTH ROAD |
This house has a floor area of 71 sq meters or 771 sq feet when measured on 9 Feb 2009. Using an estimated price of £221,148 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on GRANGE CLOSE is 103 sq meters (1,111 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
| Apr 2024 | Other theft | Under investigation | On or near Tamworth Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wilfred Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wilfred Gardens |
| Mar 2024 | Possession of weapons | Under investigation | On or near Wilfred Gardens |