£242,102
This estimated value is based upon the latest sale price for the house of £240,000 on 26 Apr 2024. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £240,000 | 26 Apr 2024 |
| £39,950 | 14 May 2001 |
| Semi-Detached |
| Freehold |
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 April 2024 the House Price Index for LEICESTER was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £240,000 results in an estimated price of approximately £242,102.
| 26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £240,000 | £2,102 | £242,102 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 12.899 % | £30,957 | £270,957 |
| 3 Month Average | 7.123 % | £17,095 | £257,095 |
| 6 Month Average | 13.227 % | £31,743 | £271,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £242,102 | £240,000 | 64 HIPWELL CRESCENT |
| 7 Dec 2023 | £185,706 | £180,000 | 6 BEAUMONT LEYS CLOSE |
| 3 Nov 2023 | £148,777 | £145,000 | 113 BEAUMONT LEYS LANE |
| 20 Oct 2023 | £271,159 | £265,000 | 128 HALIFAX DRIVE |
| 7 Jun 2023 | £229,601 | £225,000 | 163 HALIFAX DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Hipwell Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hipwell Crescent |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Hayden Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beaumont Leys Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Leys Close |