£172,375
This estimated value is based upon the latest sale price for the house of £168,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £168,000 | 30 Nov 2023 |
| £140,000 | 17 Jul 2015 |
| £72,500 | 9 Oct 2009 |
| 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 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £168,000 results in an estimated price of approximately £172,375.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £168,000 | £4,375 | £172,375 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 44.488 % | £74,739 | £242,739 |
| 3 Month Average | 7.335 % | £12,322 | £180,322 |
| 6 Month Average | 2.477 % | £4,161 | £172,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £172,376 | £168,000 | 49 BACK LANE |
| 20 Oct 2023 | £290,600 | £284,000 | 11 REARSBY ROAD |
| 13 Oct 2023 | £376,552 | £368,000 | 15 REARSBY ROAD |
| 29 Mar 2023 | £508,492 | £500,000 | 25 REARSBY ROAD |
| 24 Feb 2023 | £397,656 | £395,000 | 4 REARSBY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Ferneley Rise |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Seagrave Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Seagrave Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Taylorcraft Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Auster Crescent |