£436,393
This estimated value is based upon the latest sale price for the house of £249,995 on 2 Nov 2009. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £249,995 | 2 Nov 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 610 sq feet |
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 November 2009 the House Price Index for LEICESTER was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.561%.Applying this 74.561% change to the original purchase price of £249,995 results in an estimated price of approximately £436,393.
| 2 Nov 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.561 % | £249,995 | £186,398 | £436,393 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 96.360 % | £240,894 | £490,889 |
| 3 Month Average | 70.831 % | £177,074 | £427,069 |
| 6 Month Average | 72.981 % | £182,448 | £432,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £420,473 | £425,000 | 62 KNIGHTON DRIVE |
| 17 Dec 2021 | £128,565 | £120,000 | 6 RATCLIFFE COURT |
| 12 Oct 2020 | £1,055,775 | £900,000 | 21 ELMS ROAD |
| 21 Aug 2020 | £149,883 | £125,000 | 21 RATCLIFFE COURT |
| 17 Jan 2020 | £133,801 | £109,699 | 4 ELM TREE COURT |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 3 Oct 2008. Using an estimated price of £436,394 means this house is valued at £7,695 per sq meter (£714 per sq foot).
The average size of a house on ELM TREE GARDENS is 144 sq meters (1,559 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (610 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Gardens |
| Apr 2024 | Anti-social behaviour | On or near Elm Tree Gardens | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Tree Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Elm Tree Gardens |