£295,811
This estimated value is based upon the latest sale price for the house of £240,000 on 18 Feb 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 18 Feb 2020 |
| £222,000 | 8 Jun 2018 |
| £154,050 | 8 Aug 2017 |
| Semi-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 February 2020 the House Price Index for LEICESTERSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £240,000 results in an estimated price of approximately £295,811.
| 18 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £240,000 | £55,811 | £295,811 |
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 | 1.753 % | £4,206 | £244,206 |
| 3 Month Average | 6.912 % | £16,589 | £256,589 |
| 6 Month Average | 16.119 % | £38,685 | £278,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £290,235 | £285,000 | 61 WILLOW ROAD |
| 2 Jun 2023 | £311,237 | £305,000 | 41 WILLOW ROAD |
| 16 Mar 2023 | £183,057 | £180,000 | FLAT 15 WESTERN DRIVE |
| 26 Aug 2022 | £313,968 | £312,500 | 8 WILLOW ROAD |
| 15 Jul 2022 | £232,328 | £230,000 | 9 CHERRY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hawthorn Drive |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Western Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Western Drive |