£68,940
This estimated value is based upon the latest sale price for the house of £40,000 on 16 Nov 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 16 Nov 2011 |
| £167,000 | 23 Sep 2010 |
| £155,000 | 30 Jun 2009 |
| Semi-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 November 2011 the House Price Index for LEICESTERSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £40,000 results in an estimated price of approximately £68,940.
| 16 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £40,000 | £28,940 | £68,940 |
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 | 62.187 % | £24,874 | £64,874 |
| 3 Month Average | 74.362 % | £29,744 | £69,744 |
| 6 Month Average | 78.438 % | £31,375 | £71,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £259,541 | £255,000 | 38 STONEHILL AVENUE |
| 19 Jun 2023 | £354,292 | £350,000 | 23 HILL RISE |
| 14 Feb 2022 | £262,174 | £250,000 | 41 HILL RISE |
| 14 Dec 2021 | £250,917 | £234,200 | 48 HILL RISE |
| 20 May 2021 | £334,491 | £296,000 | 1 THE MEADWAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Meadway |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Meadway |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near The Meadway |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near The Meadway |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near The Meadway |