£381,120
This estimated value is based upon the latest sale price for the house of £89,950 on 24 Sep 1999. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £89,950 | 24 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 1999 the House Price Index for LEICESTERSHIRE was 35.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 323.703%.Applying this 323.703% change to the original purchase price of £89,950 results in an estimated price of approximately £381,120.
| 24 Sep 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 149.7 | 323.703 % | £89,950 | £291,170 | £381,120 |
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 | 250.631 % | £225,442 | £315,392 |
| 3 Month Average | 280.868 % | £252,640 | £342,590 |
| 6 Month Average | 285.970 % | £257,230 | £347,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £310,071 | £308,000 | 12 REYNOLDS CLOSE |
| 20 Jan 2023 | £255,683 | £255,000 | 19 GAINSBOROUGH AVENUE |
| 14 Apr 2022 | £311,227 | £300,000 | 8 FERNELEY AVENUE |
| 28 Feb 2022 | £227,138 | £215,000 | 14 GAINSBOROUGH AVENUE |
| 18 Feb 2022 | £261,473 | £247,500 | 28 GAINSBOROUGH AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Nov 2014. Using an estimated price of £381,120 means this house is valued at £3,736 per sq meter (£347 per sq foot).
The average size of a house on REYNOLDS CLOSE is 150 sq meters (1,619 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Reynolds Close | |
| Jul 2024 | Anti-social behaviour | On or near Reynolds Close | |
| Jul 2024 | Anti-social behaviour | On or near Reynolds Close | |
| Jul 2024 | Anti-social behaviour | On or near Reynolds Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hogarth Close |