£345,109
This estimated value is based upon the latest sale price for the house of £340,000 on 2 Nov 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been two burglaries within the last year on or near Shopping Area
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| Price Paid | Date |
|---|---|
| £340,000 | 2 Nov 2023 |
| 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 November 2023 the House Price Index for LEICESTERSHIRE was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £340,000 results in an estimated price of approximately £345,109.
| 2 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £340,000 | £5,109 | £345,109 |
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 | -17.516 % | £-59,555 | £280,444 |
| 3 Month Average | -24.730 % | £-84,080 | £255,919 |
| 6 Month Average | -7.175 % | £-24,394 | £315,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £345,109 | £340,000 | 43 NOTTINGHAM STREET |
| 18 Aug 2023 | £242,118 | £240,000 | FORMER SCOUT AND GUIDE HEADQUARTERS PARK LANE |
| 30 Nov 2022 | £148,205 | £150,000 | WILTON ROAD PUBLIC CONVENIENCES WILTON ROAD |
| 26 Oct 2022 | £366,059 | £370,000 | 31 - 32 MARKET PLACE |
| 24 Jun 2022 | £177,509 | £175,000 | 6 THE COURTHOUSE NORMAN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Shopping Area |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Feb 2024 | Public order | Under investigation | On or near Shopping Area |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |