£924,176
This estimated value is based upon the latest sale price for the house of £750,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £750,000 | 7 May 2020 |
| £635,000 | 8 Mar 2019 |
| £635,000 | 30 Aug 2017 |
| £375,000 | 25 May 2017 |
| 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 May 2020 the House Price Index for LEICESTERSHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £750,000 results in an estimated price of approximately £924,176.
| 7 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £750,000 | £174,176 | £924,176 |
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 | 39.063 % | £292,972 | £1,042,972 |
| 3 Month Average | 38.838 % | £291,283 | £1,041,283 |
| 6 Month Average | 28.498 % | £213,738 | £963,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £1,128,650 | £1,100,000 | LYCHGATE HOUSE FARM LYCHGATE LANE |
| 6 Mar 2023 | £605,105 | £595,000 | OAKAPPLE ASTON LANE |
| 7 Feb 2022 | £412,342 | £390,306 | 1 CHURCH FARM COURT HINCKLEY ROAD |
| 26 Aug 2021 | £752,995 | £670,000 | 145 SAPCOTE ROAD |
| 29 Jun 2021 | £572,859 | £530,000 | 141 SAPCOTE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Smithy Lane |
| Oct 2024 | Possession of weapons | Offender given a caution | On or near Smithy Lane |
| Oct 2024 | Other crime | Under investigation | On or near Smithy Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Smithy Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Smithy Lane |