£181,501
This estimated value is based upon the latest sale price for the house of £177,500 on 8 Sep 2023. 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 Spring Meadows
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| Price Paid | Date |
|---|---|
| £177,500 | 8 Sep 2023 |
| £109,000 | 14 Mar 2017 |
| £82,000 | 28 Aug 2009 |
| Terraced |
| 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 September 2023 the House Price Index for LEICESTERSHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £177,500 results in an estimated price of approximately £181,501.
| 8 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £177,500 | £4,001 | £181,501 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 15.763 % | £27,979 | £205,479 |
| 3 Month Average | 8.705 % | £15,451 | £192,951 |
| 6 Month Average | 2.532 % | £4,493 | £181,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £172,653 | £170,000 | 9 BURTONS LANE |
| 8 Sep 2023 | £181,501 | £177,500 | 35 STATION HILL |
| 10 Feb 2023 | £377,522 | £375,000 | 64 STATION HILL |
| 30 Jan 2023 | £877,344 | £875,000 | BULBAS CROFT BURTONS LANE |
| 9 May 2022 | £497,973 | £485,000 | 24 MAIN STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Spring Meadows |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Spring Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burtons Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burtons Lane |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burtons Lane |