£421,847
This estimated value is based upon the latest sale price for the house of £225,000 on 8 Apr 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 8 Apr 2005 |
| £103,000 | 23 Feb 1999 |
| £91,500 | 10 Oct 1996 |
| 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 April 2005 the House Price Index for LEICESTERSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £225,000 results in an estimated price of approximately £421,847.
| 8 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £225,000 | £196,847 | £421,847 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 93.996 % | £211,492 | £436,492 |
| 3 Month Average | 119.060 % | £267,883 | £492,883 |
| 6 Month Average | 97.894 % | £220,260 | £445,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £242,102 | £240,000 | 5 MERLIN CLOSE |
| 27 Oct 2023 | £434,877 | £425,000 | 11 PENDRAGON WAY |
| 8 Sep 2023 | £263,304 | £257,500 | 10 GALAHAD CLOSE |
| 22 Jun 2023 | £346,953 | £340,000 | 17 PENDRAGON WAY |
| 16 Aug 2022 | £240,123 | £239,000 | 21 PENDRAGON WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Pendragon Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Excalibur Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Lancelot Close |
| Sep 2024 | Burglary | Under investigation | On or near Lancelot Close |
| Oct 2024 | Robbery | Investigation complete; no suspect identified | On or near Forest House Lane |