£183,589
This estimated value is based upon the latest sale price for the house of £146,500 on 5 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Laxford Close
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| Price Paid | Date |
|---|---|
| £146,500 | 5 Mar 2018 |
| £110,000 | 27 Jan 2012 |
| £124,000 | 27 Apr 2007 |
| £52,500 | 1 Sep 2000 |
| £47,750 | 19 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 March 2018 the House Price Index for LEICESTERSHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £146,500 results in an estimated price of approximately £183,589.
| 5 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £146,500 | £37,089 | £183,589 |
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 | 24.995 % | £36,617 | £183,117 |
| 3 Month Average | 32.948 % | £48,269 | £194,769 |
| 6 Month Average | 26.799 % | £39,259 | £185,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £278,562 | £275,000 | 40 KINROSS WAY |
| 14 Jul 2023 | £207,797 | £205,000 | 57 KINROSS WAY |
| 23 Mar 2023 | £211,997 | £210,000 | 7 LAXFORD CLOSE |
| 10 Jun 2022 | £289,085 | £285,000 | 54 KINROSS WAY |
| 28 Jan 2022 | £286,781 | £272,500 | 1 KILMARIE CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 16 Nov 2011. Using an estimated price of £183,589 means this house is valued at £3,220 per sq meter (£299 per sq foot).
The average size of a house on LAXFORD CLOSE is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Laxford Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Coldstream Close |
| Mar 2024 | Drugs | Local resolution | On or near Kinross Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kinross Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kinross Way |