£266,484
This estimated value is based upon the latest sale price for the house of £128,000 on 26 Mar 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 26 Mar 2004 |
| £51,000 | 24 Apr 1998 |
| 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 March 2004 the House Price Index for LEICESTERSHIRE was 71.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 108.191%.Applying this 108.191% change to the original purchase price of £128,000 results in an estimated price of approximately £266,484.
| 26 Mar 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.0 | 108.191 % | £128,000 | £138,484 | £266,484 |
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 | 101.846 % | £130,363 | £258,363 |
| 3 Month Average | 92.764 % | £118,737 | £246,737 |
| 6 Month Average | 101.145 % | £129,465 | £257,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £253,370 | £252,000 | 24 NORFOLK ROAD |
| 17 Feb 2023 | £278,632 | £279,950 | 19 NORFOLK ROAD |
| 5 Aug 2022 | £303,946 | £306,000 | 24 SUFFOLK WAY |
| 25 Jul 2022 | £314,575 | £315,000 | 12 HAMBLE CLOSE |
| 10 Jun 2022 | £267,713 | £265,000 | 3 SALISBURY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Norfolk Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Close |
| Apr 2024 | Burglary | Under investigation | On or near Lancaster Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Close |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Belvoir Close |