£206,355
This estimated value is based upon the latest sale price for the house of £44,000 on 16 Sep 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Lancaster Close
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| Price Paid | Date |
|---|---|
| £44,000 | 16 Sep 1998 |
| £39,000 | 22 Sep 1995 |
| 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 September 1998 the House Price Index for LEICESTERSHIRE was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £44,000 results in an estimated price of approximately £206,355.
| 16 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £44,000 | £162,355 | £206,355 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 273.127 % | £120,176 | £164,176 |
| 3 Month Average | 329.561 % | £145,006 | £189,006 |
| 6 Month Average | 324.749 % | £142,889 | £186,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £256,280 | £252,000 | 24 NORFOLK ROAD |
| 17 Feb 2023 | £281,833 | £279,950 | 19 NORFOLK ROAD |
| 5 Aug 2022 | £307,438 | £306,000 | 24 SUFFOLK WAY |
| 25 Jul 2022 | £318,188 | £315,000 | 12 HAMBLE CLOSE |
| 10 Jun 2022 | £270,788 | £265,000 | 3 SALISBURY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lancaster Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Lancaster Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Kirkby Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kirkby Road |
| Jul 2024 | Other theft | Under investigation | On or near Ringwood Close |