£305,510
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£300,000 | 31 Aug 2023 |
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 August 2023 the House Price Index for LEICESTERSHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £300,000 results in an estimated price of approximately £305,510.
31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £300,000 | £5,510 | £305,510 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 45.650 % | £136,951 | £436,951 |
3 Month Average | 30.980 % | £92,938 | £392,938 |
6 Month Average | 17.287 % | £51,859 | £351,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £305,510 | £300,000 | 27 CROMFORD WAY |
23 Jun 2023 | £295,930 | £290,000 | 19 CROMFORD WAY |
15 Aug 2022 | £281,315 | £280,000 | 4 MANTON CLOSE |
15 Apr 2021 | £226,370 | £199,000 | 41 CROMFORD WAY |
1 Oct 2020 | £289,533 | £245,000 | 8 MANTON CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near New Inn Close |
Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Holbeck Drive |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Cottage Lane |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Bradstone Close |
Oct 2024 | Burglary | Under investigation | On or near Towndsend Close |