£309,510
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £300,000 | 8 Dec 2023 |
| £350,000 | 30 Jun 2023 |
| £284,995 | 27 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2023 the House Price Index for LEICESTERSHIRE was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £300,000 results in an estimated price of approximately £309,510.
| 8 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £300,000 | £9,510 | £309,510 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 4.253 % | £12,760 | £312,760 |
| 3 Month Average | 6.050 % | £18,150 | £318,150 |
| 6 Month Average | -3.263 % | £-9,789 | £290,210 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £371,413 | £360,000 | 5 FERRY PICKERING CLOSE |
| 8 Dec 2023 | £309,511 | £300,000 | 21 PORTER CLOSE |
| 6 Oct 2023 | £343,809 | £336,000 | 16 FERRY PICKERING CLOSE |
| 22 Sep 2023 | £368,115 | £360,000 | 48 RIETH CLOSE |
| 1 Sep 2023 | £397,768 | £389,000 | 26 RIETH CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 28 Mar 2018. Using an estimated price of £309,511 means this house is valued at £2,947 per sq meter (£273 per sq foot).
The average size of a house on PORTER CLOSE is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Porter Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Porter Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ferry Pickering Close |
| Aug 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Ferry Pickering Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ferry Pickering Close |