£302,642
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Jun 2021. 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 Lancaster Close
More crime details
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| Price Paid | Date |
|---|---|
| £280,000 | 25 Jun 2021 |
| £189,950 | 30 Jan 2015 |
| £191,000 | 4 Nov 2005 |
| £172,000 | 26 Nov 2004 |
| £70,000 | 14 Feb 1997 |
| 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 June 2021 the House Price Index for LEICESTERSHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £280,000 results in an estimated price of approximately £302,642.
| 25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £280,000 | £22,642 | £302,642 |
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 | -17.810 % | £-49,868 | £230,131 |
| 3 Month Average | -13.445 % | £-37,645 | £242,354 |
| 6 Month Average | -15.822 % | £-44,300 | £235,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £444,805 | £435,000 | 8 THE FINCHES |
| 16 Jun 2023 | £198,988 | £195,000 | 2 BEAUFORT CLOSE |
| 17 Feb 2023 | £281,833 | £279,950 | 19 NORFOLK ROAD |
| 5 Aug 2022 | £307,438 | £306,000 | 24 SUFFOLK WAY |
| 1 Aug 2022 | £497,325 | £495,000 | 1 KINGFISHER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lancaster Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Close |
| Jul 2024 | Anti-social behaviour | On or near Meadow Way | |
| Jul 2024 | Drugs | Local resolution | On or near Meadow Way |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Meadow Way |