£533,875
This estimated value is based upon the latest sale price for the house of £440,000 on 25 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £440,000 | 25 Mar 2020 |
| Detached |
| Freehold |
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 March 2020 the House Price Index for LEICESTERSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £440,000 results in an estimated price of approximately £533,875.
| 25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £440,000 | £93,875 | £533,875 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 16.990 % | £74,756 | £514,756 |
| 3 Month Average | 32.261 % | £141,947 | £581,947 |
| 6 Month Average | 19.405 % | £85,381 | £525,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £446,866 | £440,000 | 9 CHURCH ROAD |
| 2 Jun 2023 | £306,135 | £300,000 | 231 WANLIP LANE |
| 16 Feb 2023 | £291,950 | £290,000 | 1 RUSSETT WAY |
| 28 Oct 2022 | £261,626 | £262,500 | 3 MALLING CLOSE |
| 11 Oct 2022 | £283,055 | £284,000 | 21 ASHMEAD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Sep 2024 | Anti-social behaviour | On or near Parking Area | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Aug 2024 | Drugs | Under investigation | On or near Park/Open Space |