£367,331
This estimated value is based upon the latest sale price for the house of £84,950 on 5 Aug 1999. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £84,950 | 5 Aug 1999 |
| 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 August 1999 the House Price Index for LEICESTERSHIRE was 34.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 332.409%.Applying this 332.409% change to the original purchase price of £84,950 results in an estimated price of approximately £367,331.
| 5 Aug 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 149.7 | 332.409 % | £84,950 | £282,381 | £367,331 |
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 | 322.095 % | £273,619 | £358,569 |
| 3 Month Average | 275.697 % | £234,204 | £319,154 |
| 6 Month Average | 278.396 % | £236,497 | £321,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,023 | £190,000 | 195 HERMITAGE ROAD |
| 13 Dec 2023 | £309,511 | £300,000 | 26 BUTTERLEY DRIVE |
| 25 Oct 2023 | £388,831 | £380,000 | 11 RAVENSTHORPE DRIVE |
| 6 Sep 2023 | £383,402 | £374,950 | 8 EYEBROOK CLOSE |
| 30 Nov 2022 | £288,650 | £290,000 | 38 CROPSTON AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Ravensthorpe Drive | |
| Aug 2024 | Anti-social behaviour | On or near Ravensthorpe Drive | |
| Aug 2024 | Anti-social behaviour | On or near Ravensthorpe Drive | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Butterley Drive |
| Aug 2024 | Anti-social behaviour | On or near Butterley Drive |