£248,503
This estimated value is based upon the latest sale price for the house of £225,500 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £225,500 | 29 Oct 2021 |
| £138,000 | 19 Dec 2007 |
| £29,500 | 24 Jul 1996 |
| 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 October 2021 the House Price Index for LEICESTERSHIRE was 134.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 10.201%.Applying this 10.201% change to the original purchase price of £225,500 results in an estimated price of approximately £248,503.
| 29 Oct 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.0 | 10.201 % | £225,500 | £23,003 | £248,503 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | -4.725 % | £-10,655 | £214,844 |
| 3 Month Average | -8.742 % | £-19,712 | £205,787 |
| 6 Month Average | -12.895 % | £-29,077 | £196,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £331,119 | £330,000 | 14 GRETTON DRIVE |
| 19 Jul 2023 | £540,109 | £535,000 | 8 HARRISON CLOSE |
| 19 Jul 2023 | £353,342 | £350,000 | 16 GRETTON DRIVE |
| 20 Feb 2023 | £258,776 | £260,000 | 3 GRETTON DRIVE |
| 19 Jul 2022 | £328,057 | £328,500 | 43 FALCON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Groby Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Drive |
| Apr 2024 | Other theft | Local resolution | On or near Burgin Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burgin Road |