£277,923
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Dec 1998. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 720 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in December 1998 the House Price Index for LEICESTER was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £60,000 results in an estimated price of approximately £277,923.
| 14 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £60,000 | £217,923 | £277,923 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 380.780 % | £228,468 | £288,468 |
| 3 Month Average | 354.770 % | £212,861 | £272,861 |
| 6 Month Average | 369.613 % | £221,767 | £281,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £269,867 | £265,000 | 9 RUSHTON DRIVE |
| 31 Mar 2023 | £276,620 | £272,000 | 42 BRIDGEMERE CLOSE |
| 3 Mar 2023 | £287,806 | £283,000 | 44 BRIDGEMERE CLOSE |
| 24 Feb 2023 | £278,863 | £277,000 | 51 GILMORTON AVENUE |
| 16 Dec 2021 | £205,069 | £190,000 | 8 RUSHTON DRIVE |
This house has a floor area of 66 sq meters or 720 sq feet when measured on 15 Jan 2009. Using an estimated price of £277,924 means this house is valued at £4,153 per sq meter (£385 per sq foot).
The average size of a house on RUSHTON DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rushton Drive |
| Jul 2024 | Drugs | Local resolution | On or near Rushton Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hopyard Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hopyard Close |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Hopyard Close |