£596,594
This estimated value is based upon the latest sale price for the house of £595,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £595,000 | 26 Jan 2023 |
| £370,000 | 12 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 January 2023 the House Price Index for LEICESTERSHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £595,000 results in an estimated price of approximately £596,594.
| 26 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £595,000 | £1,594 | £596,594 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | -15.208 % | £-90,485 | £504,514 |
| 3 Month Average | -7.778 % | £-46,281 | £548,718 |
| 6 Month Average | -15.794 % | £-93,972 | £501,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £319,828 | £310,000 | 8 BROOM AVENUE |
| 14 Nov 2023 | £600,236 | £585,000 | 4 ALMOND CLOSE |
| 26 Jan 2023 | £596,594 | £595,000 | 7 SPINDLE ROAD |
| 28 Jun 2022 | £408,737 | £400,000 | 2 FREESIA CLOSE |
| 26 Aug 2021 | £410,214 | £365,000 | 20 FAIRMEADOWS WAY |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 30 May 2014. Using an estimated price of £596,594 means this house is valued at £3,428 per sq meter (£318 per sq foot).
The average size of a house on SPINDLE ROAD is 249 sq meters (2,683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Almond Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Maidenhair Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairmeadows Way |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Fairmeadows Way |
| Sep 2024 | Public order | Action to be taken by another organisation | On or near Fairmeadows Way |