£575,440
This estimated value is based upon the latest sale price for the house of £380,000 on 27 Aug 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 27 Aug 2014 |
| £185,000 | 29 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,497 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 August 2014 the House Price Index for LEICESTERSHIRE was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £380,000 results in an estimated price of approximately £575,440.
| 27 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £380,000 | £195,440 | £575,440 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 31.473 % | £119,597 | £499,597 |
| 3 Month Average | 58.082 % | £220,710 | £600,710 |
| 6 Month Average | 59.280 % | £225,262 | £605,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £137,536 | £135,500 | 10 VICTORIA STREET |
| 30 Aug 2023 | £645,648 | £640,000 | 22 GARTREE DRIVE |
| 23 Feb 2023 | £394,734 | £395,000 | 19 COLLEGE AVENUE |
| 27 Jan 2023 | £201,053 | £202,000 | 58 VICTORIA STREET |
| 27 Jul 2022 | £170,459 | £170,000 | 78 VICTORIA STREET |
This house has a floor area of 232 sq meters or 2,497 sq feet when measured on 11 Dec 2013. Using an estimated price of £575,441 means this house is valued at £2,480 per sq meter (£230 per sq foot).
The average size of a house on GARTREE DRIVE is 154 sq meters (1,659 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gartree Drive |
| Dec 2023 | Anti-social behaviour | On or near Cromwell Road | |
| Dec 2023 | Anti-social behaviour | On or near Cromwell Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Dec 2023 | Anti-social behaviour | On or near Cromwell Road |