£341,223
This estimated value is based upon the latest sale price for the house of £331,650 on 5 Jul 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £331,650 | 5 Jul 2023 |
| £270,000 | 22 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2023 the House Price Index for LEICESTERSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £331,650 results in an estimated price of approximately £341,223.
| 5 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £331,650 | £9,573 | £341,223 |
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 | 41.929 % | £139,056 | £470,706 |
| 3 Month Average | -0.166 % | £-551 | £331,098 |
| 6 Month Average | 1.536 % | £5,092 | £336,742 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £290,000 | £290,000 | 5 LYLE CLOSE |
| 10 Nov 2023 | £253,433 | £247,000 | 30 MASON ROAD |
| 30 Jun 2023 | £443,896 | £435,000 | 10 LYLE CLOSE |
| 25 Apr 2023 | £273,108 | £268,000 | 29 CLARK DRIVE |
| 20 May 2022 | £251,553 | £245,000 | 37 CLARK DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 Sep 2018.
The average size of a house on TORRANCE DRIVE is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyle Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Framland Drive |