£406,964
This estimated value is based upon the latest sale price for the house of £111,000 on 24 Nov 2000. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £111,000 | 24 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2000 the House Price Index for LEICESTERSHIRE was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £111,000 results in an estimated price of approximately £406,964.
| 24 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £111,000 | £295,964 | £406,964 |
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 | 246.421 % | £273,527 | £384,527 |
| 3 Month Average | 245.999 % | £273,059 | £384,059 |
| 6 Month Average | 255.198 % | £283,269 | £394,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £290,000 | £290,000 | 5 LYLE CLOSE |
| 16 Nov 2023 | £297,553 | £290,000 | 2 FRAMLAND DRIVE |
| 30 Jun 2023 | £443,896 | £435,000 | 10 LYLE CLOSE |
| 6 Jun 2023 | £284,706 | £279,000 | 32 FRAMLAND DRIVE |
| 25 Apr 2023 | £273,108 | £268,000 | 29 CLARK DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 19 Aug 2020. Using an estimated price of £406,964 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on CLARK DRIVE is 109 sq meters (1,179 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | 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 | 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 | Other theft | Investigation complete; no suspect identified | On or near Framland Drive |