£340,929
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Dec 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 14 Dec 2016 |
| £199,950 | 18 May 2004 |
| £82,000 | 30 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2016 the House Price Index for LEICESTERSHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £260,000 results in an estimated price of approximately £340,929.
| 14 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £260,000 | £80,929 | £340,929 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 2.648 % | £6,884 | £266,884 |
| 3 Month Average | 28.137 % | £73,156 | £333,156 |
| 6 Month Average | 28.523 % | £74,160 | £334,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £216,897 | £215,000 | 17 THE CRESCENT |
| 21 Jul 2023 | £202,729 | £200,000 | 4 ASH GROVE |
| 28 Apr 2023 | £212,286 | £210,000 | 11 CLUMBER STREET |
| 2 Nov 2022 | £365,572 | £370,000 | 53 THE CRESCENT |
| 25 Jun 2021 | £174,297 | £162,450 | 15 THE CRESCENT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 7 Sep 2016. Using an estimated price of £340,929 means this house is valued at £3,309 per sq meter (£307 per sq foot).
The average size of a house on THE CRESCENT is 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clumber Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clumber Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossiter Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Rossiter Close |