£293,659
This estimated value is based upon the latest sale price for the house of £167,000 on 12 May 2006. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £167,000 | 12 May 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 May 2006 the House Price Index for LEICESTERSHIRE was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £167,000 results in an estimated price of approximately £293,659.
| 12 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £167,000 | £126,659 | £293,659 |
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 | 70.763 % | £118,174 | £285,174 |
| 3 Month Average | 89.768 % | £149,912 | £316,912 |
| 6 Month Average | 79.344 % | £132,504 | £299,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,291 | £230,000 | 66 GWENCOLE CRESCENT |
| 5 Dec 2023 | £149,597 | £145,000 | 15 KINGSWAY |
| 14 Aug 2023 | £239,316 | £235,000 | 40 GWENCOLE CRESCENT |
| 20 Apr 2023 | £224,193 | £220,000 | 60 GWENCOLE CRESCENT |
| 21 Feb 2023 | £276,849 | £275,000 | 58 GWENCOLE CRESCENT |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 18 Jun 2021. Using an estimated price of £293,660 means this house is valued at £2,426 per sq meter (£225 per sq foot).
The average size of a house on COLBERT DRIVE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Edith Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colbert Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colbert Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near The Poplars |
| Sep 2024 | Anti-social behaviour | On or near Colbert Drive |