£648,657
This estimated value is based upon the latest sale price for the house of £239,000 on 9 Sep 2002. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£239,000 | 9 Sep 2002 |
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 September 2002 the House Price Index for LEICESTERSHIRE was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £239,000 results in an estimated price of approximately £648,657.
9 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £239,000 | £409,657 | £648,657 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 46.644 % | £111,480 | £350,480 |
3 Month Average | 131.296 % | £313,796 | £552,796 |
6 Month Average | 115.589 % | £276,257 | £515,257 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £219,910 | £218,000 | 6 CHAPEL LANE |
26 Mar 2024 | £203,121 | £200,000 | 34 THE FIELD |
19 Dec 2023 | £330,145 | £320,000 | 90A HIGH STREET |
14 Dec 2023 | £515,851 | £500,000 | THE WATER TOWER, 20 BURROUGH ROAD |
5 Dec 2023 | £412,681 | £400,000 | WILLOW TREES MAREFIELD LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Under investigation | On or near High Street |
Aug 2024 | Other crime | Under investigation | On or near High Street |
Jul 2024 | Anti-social behaviour | On or near High Street | |
Jul 2024 | Anti-social behaviour | On or near High Street | |
Jul 2024 | Anti-social behaviour | On or near High Street |