£280,058
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 26 Nov 2021 |
| £130,000 | 17 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 November 2021 the House Price Index for LEICESTERSHIRE was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £260,000 results in an estimated price of approximately £280,058.
| 26 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £260,000 | £20,058 | £280,058 |
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 | -25.032 % | £-65,083 | £194,916 |
| 3 Month Average | 22.388 % | £58,208 | £318,208 |
| 6 Month Average | -2.673 % | £-6,950 | £253,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £217,796 | £215,000 | 21A ORCHARD STREET |
| 11 Aug 2023 | £127,274 | £126,500 | 6 RUSSET HOUSE ORCHARD STREET |
| 6 Jul 2023 | £124,175 | £123,000 | 7 RUSSET HOUSE ORCHARD STREET |
| 28 Apr 2023 | £120,899 | £120,000 | 5 RUSSET HOUSE ORCHARD STREET |
| 10 Oct 2022 | £108,389 | £110,000 | FLAT 15 BYRON COURT BYRON CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 13 May 2021. Using an estimated price of £280,058 means this house is valued at £2,617 per sq meter (£243 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near School Street |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near School Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lamplighters |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lamplighters |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Lamplighters |