£534,299
This estimated value is based upon the latest sale price for the house of £431,000 on 16 Aug 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Cherry Tree Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £431,000 | 16 Aug 2019 |
| 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 August 2019 the House Price Index for LEICESTERSHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £431,000 results in an estimated price of approximately £534,299.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £431,000 | £103,299 | £534,299 |
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 | 33.194 % | £143,065 | £574,065 |
| 3 Month Average | 19.923 % | £85,867 | £516,867 |
| 6 Month Average | 22.795 % | £98,247 | £529,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £368,366 | £360,000 | 39 CHERRY TREE AVENUE |
| 27 Oct 2023 | £583,247 | £570,000 | 8 TOWERS DRIVE |
| 27 Oct 2023 | £404,180 | £395,000 | 16 BARRY DRIVE |
| 28 Apr 2023 | £499,340 | £490,000 | 59 BARRY DRIVE |
| 13 Apr 2023 | £489,149 | £480,000 | 31 BARRY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Tree Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Martin Avenue |
| Jul 2024 | Burglary | Under investigation | On or near Towers Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Barry Close |