£564,729
This estimated value is based upon the latest sale price for the house of £220,000 on 29 Nov 2002. 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 Hornbeam Close
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| Price Paid | Date |
|---|---|
| £220,000 | 29 Nov 2002 |
| £120,650 | 27 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 172 sq meters or 1,851 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 November 2002 the House Price Index for LEICESTERSHIRE was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £220,000 results in an estimated price of approximately £564,729.
| 29 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £220,000 | £344,729 | £564,729 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 71.502 % | £157,304 | £377,304 |
| 3 Month Average | 101.993 % | £224,384 | £444,384 |
| 6 Month Average | 130.705 % | £287,550 | £507,550 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £361,160 | £358,000 | 8 BIRCH CLOSE |
| 20 Jan 2023 | £318,500 | £320,000 | 9 BIRCH CLOSE |
| 25 Nov 2022 | £330,991 | £335,000 | 2 OAK CLOSE |
| 31 Jan 2022 | £104,715 | £99,500 | 10 MAGNOLIA AVENUE |
| 24 Jan 2022 | £394,653 | £375,000 | 3 FISHPOND WAY |
This house has a floor area of 172 sq meters or 1,851 sq feet when measured on 27 May 2015. Using an estimated price of £564,729 means this house is valued at £3,283 per sq meter (£305 per sq foot).
The average size of a house on HONEYSUCKLE WAY is 148 sq meters (1,601 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Hornbeam Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Magnolia Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Avenue |
| Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Welchman Close |
| Mar 2024 | Public order | Under investigation | On or near Haddon Way |