£362,811
This estimated value is based upon the latest sale price for the house of £292,000 on 25 Jul 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £292,000 | 25 Jul 2019 |
| £269,000 | 23 Nov 2017 |
| £149,950 | 30 Sep 2002 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,414 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 July 2019 the House Price Index for LEICESTERSHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £292,000 results in an estimated price of approximately £362,811.
| 25 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £292,000 | £70,811 | £362,811 |
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 | 16.517 % | £48,228 | £340,228 |
| 3 Month Average | 8.286 % | £24,195 | £316,195 |
| 6 Month Average | 18.688 % | £54,567 | £346,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £319,915 | £315,000 | 5 ANEMONE CLOSE |
| 3 Mar 2023 | £451,541 | £444,000 | 52 HEATHER CRESCENT |
| 21 Feb 2023 | £377,522 | £375,000 | 14 HEATHER CRESCENT |
| 5 Aug 2022 | £331,550 | £330,000 | 21 HONEYSUCKLE WAY |
| 6 May 2022 | £426,101 | £415,000 | 5 HEATHER CRESCENT |
This house has a floor area of 131 sq meters or 1,414 sq feet when measured on 28 Jan 2011. Using an estimated price of £362,811 means this house is valued at £2,761 per sq meter (£256 per sq foot).
The average size of a house on ORCHID CLOSE is 139 sq meters (1,498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Awaiting court outcome | On or near Linnet Close |
| Oct 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Swan Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robin Crescent |