£185,765
This estimated value is based upon the latest sale price for the house of £47,000 on 18 Feb 2000. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £47,000 | 18 Feb 2000 |
| £43,250 | 24 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 514 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 February 2000 the House Price Index for LEICESTERSHIRE was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £47,000 results in an estimated price of approximately £185,765.
| 18 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 149.7 | 295.245 % | £47,000 | £138,765 | £185,765 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 311.501 % | £146,405 | £193,405 |
| 3 Month Average | 287.248 % | £135,006 | £182,006 |
| 6 Month Average | 278.596 % | £130,940 | £177,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £192,965 | £190,000 | 31 LOWTHER WAY |
| 6 Mar 2024 | £223,433 | £220,000 | 4 LOWTHER WAY |
| 10 Aug 2023 | £183,306 | £180,000 | 23 LOWTHER WAY |
| 30 Jun 2023 | £214,294 | £210,000 | 8 BAINBRIDGE ROAD |
| 31 Mar 2023 | £208,482 | £205,000 | 6 BAINBRIDGE ROAD |
This house has a floor area of 47 sq meters or 514 sq feet when measured on 27 Jul 2010. Using an estimated price of £185,765 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on WEAVER CLOSE is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Further action is not in the public interest | On or near Weaver Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Weaver Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Weaver Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weaver Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weaver Close |