£320,289
This estimated value is based upon the latest sale price for the house of £258,000 on 19 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £258,000 | 19 Oct 2018 |
| £58,000 | 15 May 1998 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £258,000 results in an estimated price of approximately £320,289.
| 19 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £258,000 | £62,289 | £320,289 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 20.134 % | £51,945 | £309,945 |
| 3 Month Average | 27.361 % | £70,591 | £328,591 |
| 6 Month Average | 26.291 % | £67,831 | £325,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £295,000 | £295,000 | 2 WESSEX DRIVE |
| 5 Apr 2024 | £279,427 | £277,000 | 14 WESSEX DRIVE |
| 15 Dec 2023 | £281,655 | £273,000 | 14 PRIORY CRESCENT |
| 15 Sep 2023 | £233,139 | £228,000 | 7 TRESCOE RISE |
| 14 Apr 2022 | £300,852 | £290,000 | 8 PRIORY CRESCENT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 2 Aug 2017. Using an estimated price of £320,289 means this house is valued at £2,809 per sq meter (£261 per sq foot).
The average size of a house on FINCH CLOSE is 117 sq meters (1,269 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Priory Crescent |
| Oct 2024 | Anti-social behaviour | On or near Trescoe Rise | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trescoe Rise |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Trescoe Rise |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Trescoe Rise |