£848,397
This estimated value is based upon the latest sale price for the house of £450,000 on 18 Feb 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 18 Feb 2005 |
| 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 2005 the House Price Index for LEICESTERSHIRE was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £450,000 results in an estimated price of approximately £848,397.
| 18 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £450,000 | £398,397 | £848,397 |
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 | 107.414 % | £483,362 | £933,362 |
| 3 Month Average | 89.906 % | £404,578 | £854,578 |
| 6 Month Average | 80.549 % | £362,470 | £812,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £71,092 | £70,000 | DUTCH BARN HILL FARM MARKFIELD LANE |
| 12 Dec 2023 | £417,839 | £405,000 | WIND RUSH MAIN STREET |
| 8 Dec 2023 | £675,765 | £655,000 | 1 POLEBROOK MEWS |
| 20 Oct 2023 | £225,113 | £220,000 | 24 SPINNEY DRIVE |
| 30 Jun 2023 | £6,123 | £6,000 | 4 SPINNEY DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hunts Close |
| Oct 2024 | Robbery | Under investigation | On or near Markfield Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spinney Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merrylees Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Berrington Close |