£180,922
This estimated value is based upon the latest sale price for the house of £177,500 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £177,500 | 8 Dec 2023 |
| £155,500 | 4 Jun 2021 |
| £90,500 | 21 Dec 2012 |
| 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 December 2023 the House Price Index for LEICESTERSHIRE was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £177,500 results in an estimated price of approximately £180,922.
| 8 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £177,500 | £3,422 | £180,922 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 7.897 % | £14,017 | £191,517 |
| 3 Month Average | -4.398 % | £-7,807 | £169,692 |
| 6 Month Average | -2.798 % | £-4,966 | £172,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £193,664 | £190,000 | 55 MELODY DRIVE |
| 8 Dec 2023 | £180,923 | £177,500 | 42 MANOR DRIVE |
| 24 Nov 2023 | £212,731 | £210,000 | 25 MELODY DRIVE |
| 31 Jul 2023 | £122,156 | £121,000 | APARTMENT 4 JORDEAN COURT BROOK STREET |
| 28 Apr 2023 | £132,988 | £132,000 | 15 ALBION ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Manor Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Back Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harlequin Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitehead Close |
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Whitehead Close |