£353,653
This estimated value is based upon the latest sale price for the house of £352,000 on 26 Aug 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £352,000 | 26 Aug 2022 |
| £286,000 | 10 Nov 2017 |
| £164,950 | 21 Aug 2009 |
| £215,000 | 19 Jun 2006 |
| £95,000 | 27 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2022 the House Price Index for LEICESTERSHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £352,000 results in an estimated price of approximately £353,653.
| 26 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £352,000 | £1,653 | £353,653 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | -8.560 % | £-30,129 | £321,870 |
| 3 Month Average | -3.558 % | £-12,524 | £339,475 |
| 6 Month Average | -3.791 % | £-13,343 | £338,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £211,499 | £205,000 | 77 NELSON DRIVE |
| 26 Aug 2022 | £353,654 | £352,000 | 3 DRAKE WAY |
| 11 Jul 2022 | £285,359 | £282,500 | 11 NELSON DRIVE |
| 13 May 2022 | £225,885 | £220,000 | 74 NELSON DRIVE |
| 13 May 2022 | £343,961 | £335,000 | 20 DRAKE WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 20 Dec 2021. Using an estimated price of £353,654 means this house is valued at £3,929 per sq meter (£365 per sq foot).
The average size of a house on DRAKE WAY is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Benbow Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benbow Close |
| Oct 2024 | Anti-social behaviour | On or near Hardy Close | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |