£277,788
This estimated value is based upon the latest sale price for the house of £249,000 on 9 Aug 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £249,000 | 9 Aug 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in August 2021 the House Price Index for LEICESTER was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £249,000 results in an estimated price of approximately £277,788.
| 9 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £249,000 | £28,788 | £277,788 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 2.890 % | £7,196 | £256,196 |
| 3 Month Average | 0.297 % | £738 | £249,738 |
| 6 Month Average | -1.530 % | £-3,810 | £245,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £269,818 | £270,000 | 15 RUSHEY CLOSE |
| 31 Aug 2022 | £279,248 | £280,000 | 8 RUSHEY CLOSE |
| 22 Aug 2022 | £239,356 | £240,000 | 18 RUSHEY CLOSE |
| 21 Dec 2021 | £262,487 | £245,000 | 20 LOCKERBIE AVENUE |
| 9 Aug 2021 | £277,788 | £249,000 | 381 MELTON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Jul 2021. Using an estimated price of £277,788 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on MELTON ROAD is 105 sq meters (1,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kintyre Drive |
| Feb 2024 | Anti-social behaviour | On or near Kintyre Drive | |
| Feb 2024 | Anti-social behaviour | On or near Kintyre Drive | |
| Feb 2024 | Anti-social behaviour | On or near Kintyre Drive | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Glencoe Avenue |