£878,382
This estimated value is based upon the latest sale price for the house of £630,000 on 3 Dec 2015. 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 Paddock Close
More crime details
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| Price Paid | Date |
|---|---|
| £630,000 | 3 Dec 2015 |
| £685,000 | 10 Dec 2007 |
| Detached |
| Freehold |
| Floor Area: 270 sq meters or 2,906 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 2015 the House Price Index for LEICESTERSHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £630,000 results in an estimated price of approximately £878,382.
| 3 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £630,000 | £248,382 | £878,382 |
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 | 33.879 % | £213,440 | £843,440 |
| 3 Month Average | 40.304 % | £253,914 | £883,914 |
| 6 Month Average | 40.560 % | £255,526 | £885,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £465,000 | £465,000 | 29 SANDALWOOD ROAD |
| 8 Mar 2024 | £406,242 | £400,000 | 276 FOREST ROAD |
| 27 Oct 2023 | £608,828 | £595,000 | 274 FOREST ROAD |
| 20 Sep 2023 | £485,707 | £475,000 | 32 BENSCLIFFE DRIVE |
| 21 Mar 2023 | £457,643 | £450,000 | 272 FOREST ROAD |
This house has a floor area of 270 sq meters or 2,906 sq feet when measured on 11 Feb 2015. Using an estimated price of £878,383 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on FOREST ROAD is 142 sq meters (1,530 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Paddock Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |