£225,713
This estimated value is based upon the latest sale price for the house of £39,500 on 6 Jan 1996. 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 Blue Banks Avenue
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| Price Paid | Date |
|---|---|
| £39,500 | 6 Jan 1996 |
| Semi-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 January 1996 the House Price Index for LEICESTERSHIRE was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 471.427%.Applying this 471.427% change to the original purchase price of £39,500 results in an estimated price of approximately £225,713.
| 6 Jan 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 471.427 % | £39,500 | £186,213 | £225,713 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 447.193 % | £176,641 | £216,141 |
| 3 Month Average | 405.336 % | £160,107 | £199,607 |
| 6 Month Average | 426.735 % | £168,560 | £208,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £218,355 | £215,000 | 17 BLUE BANKS AVENUE |
| 27 Jan 2023 | £235,630 | £235,000 | 4 SOUTHFIELD CLOSE |
| 13 Oct 2022 | £209,301 | £210,000 | 9 FEATHERBY DRIVE |
| 30 Jun 2022 | £291,225 | £285,000 | 9 WESTDALE AVENUE |
| 4 Mar 2022 | £360,157 | £345,000 | WOODVALE FEATHERBY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Blue Banks Avenue |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Blue Banks Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blue Banks Avenue |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Blue Banks Avenue |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Westdale Avenue |