£979,260
This estimated value is based upon the latest sale price for the house of £570,000 on 14 May 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £570,000 | 14 May 2012 |
| 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 May 2012 the House Price Index for LEICESTERSHIRE was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £570,000 results in an estimated price of approximately £979,260.
| 14 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £570,000 | £409,260 | £979,260 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | -10.285 % | £-58,625 | £511,374 |
| 3 Month Average | 48.418 % | £275,980 | £845,980 |
| 6 Month Average | 39.410 % | £224,637 | £794,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £725,000 | £725,000 | CEDARWOOD, 15 SIX HILLS ROAD |
| 6 Nov 2023 | £692,581 | £675,000 | 1 SIX HILLS ROAD |
| 31 Oct 2023 | £665,106 | £650,000 | WOLDS FARM COTTAGE FOSSE WAY |
| 17 Oct 2023 | £365,297 | £357,000 | ROSE VILLAS, 24 MAIN STREET |
| 31 Oct 2022 | £647,836 | £650,000 | SIX HILLS SERVICE STATION FOSSE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Six Hills Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Oaks Farm Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melton Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Melton Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Melton Road |