£375,276
This estimated value is based upon the latest sale price for the house of £365,500 on 20 May 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £365,500 | 20 May 2022 |
| £275,000 | 22 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 May 2022 the House Price Index for LEICESTERSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £365,500 results in an estimated price of approximately £375,276.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £365,500 | £9,776 | £375,276 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 15.803 % | £57,761 | £423,261 |
| 3 Month Average | 9.147 % | £33,433 | £398,933 |
| 6 Month Average | 1.182 % | £4,321 | £369,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £377,072 | £367,500 | 3 HARDY CLOSE |
| 2 Jun 2023 | £382,669 | £375,000 | 2 HARDY CLOSE |
| 29 Mar 2023 | £162,717 | £160,000 | 27 DONALD COBLEY CLOSE |
| 26 Aug 2022 | £353,654 | £352,000 | 3 DRAKE WAY |
| 4 Jul 2022 | £265,157 | £262,500 | 26 MIDDLEFIELD PLACE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 16 Jul 2019. Using an estimated price of £375,277 means this house is valued at £3,291 per sq meter (£305 per sq foot).
The average size of a house on NELSON DRIVE is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hardy Close | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hardy Close |
| Aug 2024 | Criminal damage and arson | Formal action is not in the public interest | On or near Hardy Close |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hardy Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Benbow Close |