£481,586
This estimated value is based upon the latest sale price for the house of £249,950 on 24 Aug 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £249,950 | 24 Aug 2004 |
| £100,000 | 19 Jan 1996 |
| 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 2004 the House Price Index for LEICESTERSHIRE was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £249,950 results in an estimated price of approximately £481,586.
| 24 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £249,950 | £231,636 | £481,586 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 31.745 % | £79,345 | £329,295 |
| 3 Month Average | 70.652 % | £176,595 | £426,545 |
| 6 Month Average | 78.216 % | £195,501 | £445,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £336,806 | £332,500 | 41 NORFOLK DRIVE |
| 22 Feb 2023 | £439,704 | £440,000 | 20 LINCOLN DRIVE |
| 13 Jan 2023 | £532,492 | £535,000 | 28 NORFOLK DRIVE |
| 6 Jan 2023 | £248,828 | £250,000 | 7 OXFORD DRIVE |
| 8 Nov 2022 | £242,068 | £245,000 | 28 GLOUCESTER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burton Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Norfolk Drive |