£474,045
This estimated value is based upon the latest sale price for the house of £410,000 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £410,000 | 16 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 December 2020 the House Price Index for LEICESTERSHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £410,000 results in an estimated price of approximately £474,045.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £410,000 | £64,045 | £474,045 |
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 | 12.118 % | £49,685 | £459,685 |
| 3 Month Average | 12.141 % | £49,776 | £459,776 |
| 6 Month Average | 7.394 % | £30,314 | £440,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £224,954 | £223,000 | 7 FARADAY CLOSE |
| 14 Dec 2023 | £256,894 | £249,000 | 17 MUNCASTER CLOSE |
| 3 Nov 2023 | £225,679 | £219,950 | 35 MUNCASTER CLOSE |
| 21 Apr 2023 | £555,388 | £545,000 | 9 MURRAY CLOSE |
| 17 Apr 2023 | £321,004 | £315,000 | 13 MUNCASTER CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 3 Dec 2020. Using an estimated price of £474,046 means this house is valued at £3,203 per sq meter (£297 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Crowfoot Way |
| Apr 2024 | Anti-social behaviour | On or near Crowfoot Way | |
| Apr 2024 | Anti-social behaviour | On or near Crowfoot Way | |
| Apr 2024 | Anti-social behaviour | On or near Crowfoot Way | |
| Apr 2024 | Anti-social behaviour | On or near Crowfoot Way |