£513,000
This estimated value is based upon the latest sale price for the house of £417,500 on 10 Jan 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £417,500 | 10 Jan 2020 |
| 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 January 2020 the House Price Index for LEICESTERSHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £417,500 results in an estimated price of approximately £513,000.
| 10 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £417,500 | £95,500 | £513,000 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | 13.410 % | £55,986 | £473,486 |
| 3 Month Average | 9.621 % | £40,165 | £457,665 |
| 6 Month Average | 5.542 % | £23,136 | £440,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £322,100 | £315,000 | 6 THE PADDOCK |
| 16 Jun 2023 | £326,544 | £320,000 | 11 THE PADDOCK |
| 15 Mar 2023 | £437,303 | £430,000 | 48 SPRINGFIELD CRESCENT |
| 20 Jan 2023 | £370,991 | £370,000 | 49 SPRINGFIELD CRESCENT |
| 20 Jan 2023 | £370,991 | £370,000 | 12 LINKS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Springfield Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenway |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Home Close |
| Oct 2024 | Other crime | Under investigation | On or near Home Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Home Close |