£651,755
This estimated value is based upon the latest sale price for the house of £640,000 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £640,000 | 30 Aug 2023 |
| £270,000 | 18 Apr 2013 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 August 2023 the House Price Index for LEICESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £640,000 results in an estimated price of approximately £651,755.
| 30 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £640,000 | £11,755 | £651,755 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 13.180 % | £84,354 | £724,354 |
| 3 Month Average | -5.466 % | £-34,982 | £605,017 |
| 6 Month Average | 0.236 % | £1,508 | £641,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2023 | £665,106 | £650,000 | 37 COLLEGE AVENUE |
| 30 Aug 2023 | £651,755 | £640,000 | 22 GARTREE DRIVE |
| 23 Feb 2023 | £397,656 | £395,000 | 19 COLLEGE AVENUE |
| 27 Jan 2023 | £202,541 | £202,000 | 58 VICTORIA STREET |
| 27 Jul 2022 | £171,721 | £170,000 | 78 VICTORIA STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Feb 2013. Using an estimated price of £651,755 means this house is valued at £5,298 per sq meter (£492 per sq foot).
The average size of a house on GARTREE DRIVE is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near College Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Sussex Avenue |
| Sep 2024 | Anti-social behaviour | On or near Sussex Avenue |