£357,217
This estimated value is based upon the latest sale price for the house of £289,000 on 27 Sep 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £289,000 | 27 Sep 2019 |
| £272,995 | 26 May 2017 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 September 2019 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £289,000 results in an estimated price of approximately £357,217.
| 27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £289,000 | £68,217 | £357,217 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 22.839 % | £66,003 | £355,003 |
| 3 Month Average | 25.669 % | £74,183 | £363,183 |
| 6 Month Average | 16.700 % | £48,262 | £337,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £371,413 | £360,000 | 5 FERRY PICKERING CLOSE |
| 8 Dec 2023 | £309,511 | £300,000 | 21 PORTER CLOSE |
| 20 Oct 2023 | £120,231 | £117,500 | 10 MASON COURT |
| 22 Sep 2023 | £368,115 | £360,000 | 48 RIETH CLOSE |
| 1 Sep 2023 | £397,768 | £389,000 | 26 RIETH CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 20 Apr 2017. Using an estimated price of £357,217 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on RIETH CLOSE is 112 sq meters (1,206 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rieth Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rieth Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rieth Close |
| Sep 2024 | Drugs | Under investigation | On or near Porter Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Porter Close |