£267,487
This estimated value is based upon the latest sale price for the house of £194,500 on 26 Feb 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,500 | 26 Feb 2016 |
| £150,000 | 4 Feb 2011 |
| 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 February 2016 the House Price Index for LEICESTERSHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £194,500 results in an estimated price of approximately £267,487.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £194,500 | £72,987 | £267,487 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | 18.978 % | £36,911 | £231,411 |
| 3 Month Average | 33.391 % | £64,945 | £259,445 |
| 6 Month Average | 38.501 % | £74,884 | £269,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £274,213 | £270,000 | 23 LAUREL ROAD |
| 5 Apr 2023 | £250,689 | £246,000 | 15 LAUREL ROAD |
| 3 Mar 2023 | £305,095 | £300,000 | 40A LAUREL ROAD |
| 10 Feb 2023 | £503,362 | £500,000 | 39 WELFORD ROAD |
| 5 Aug 2022 | £417,954 | £416,000 | 10 FREER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Welford Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Welford Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Freer Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Elms |
| Jul 2024 | Drugs | Under investigation | On or near The Crescent |