£222,394
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Nov 2019 |
| £74,995 | 11 Oct 2004 |
| £46,950 | 11 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 November 2019 the House Price Index for LEICESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £180,000 results in an estimated price of approximately £222,394.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £180,000 | £42,394 | £222,394 |
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 | 43.488 % | £78,278 | £258,278 |
| 3 Month Average | 17.016 % | £30,629 | £210,629 |
| 6 Month Average | 27.103 % | £48,784 | £228,784 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £208,813 | £207,000 | 6 THORNVILLE CLOSE |
| 5 Apr 2024 | £176,533 | £175,000 | 32 SWAINSON ROAD |
| 28 Nov 2023 | £230,860 | £225,000 | 46 SWAINSON ROAD |
| 23 Jun 2023 | £244,908 | £240,000 | 30 SWAINSON ROAD |
| 17 Mar 2023 | £238,991 | £235,000 | 28 SWAINSON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Nov 2013. Using an estimated price of £222,394 means this house is valued at £3,901 per sq meter (£362 per sq foot).
The average size of a house on THORNVILLE CLOSE is 71 sq meters (765 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (613 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornville Close |
| May 2024 | Anti-social behaviour | On or near Thornville Close | |
| May 2024 | Anti-social behaviour | On or near Thornville Close | |
| May 2024 | Anti-social behaviour | On or near Thornville Close | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thornville Close |