£332,552
This estimated value is based upon the latest sale price for the house of £325,000 on 6 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 6 Oct 2023 |
| £235,000 | 17 Jun 2019 |
| Detached |
| 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 October 2023 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £325,000 results in an estimated price of approximately £332,552.
| 6 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £325,000 | £7,552 | £332,552 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 34.665 % | £112,662 | £437,662 |
| 3 Month Average | 13.497 % | £43,866 | £368,866 |
| 6 Month Average | 13.180 % | £42,834 | £367,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £332,553 | £325,000 | 47 SPA DRIVE |
| 22 Sep 2023 | £281,199 | £275,000 | 45 SPA DRIVE |
| 14 Sep 2023 | £267,906 | £262,000 | 63 SPA DRIVE |
| 21 Apr 2023 | £264,956 | £260,000 | 8 BROOKSIDE CLOSE |
| 13 Aug 2021 | £324,800 | £289,000 | 1 LOUND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spa Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookside Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brookside Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Old Mere Close |
| Oct 2024 | Drugs | Local resolution | On or near Neville Smith Close |