£221,566
This estimated value is based upon the latest sale price for the house of £105,000 on 5 Feb 2004. 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 The Bank
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| Price Paid | Date |
|---|---|
| £105,000 | 5 Feb 2004 |
| £105,000 | 19 Jul 2002 |
| £65,050 | 27 Oct 2000 |
| 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 2004 the House Price Index for LEICESTERSHIRE was 70.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 111.016%.Applying this 111.016% change to the original purchase price of £105,000 results in an estimated price of approximately £221,566.
| 5 Feb 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.0 | 111.016 % | £105,000 | £116,566 | £221,566 |
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 | 89.852 % | £94,344 | £199,344 |
| 3 Month Average | 112.733 % | £118,369 | £223,369 |
| 6 Month Average | 86.318 % | £90,633 | £195,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £438,292 | £430,000 | GABLE END MILL HILL ROAD |
| 25 Aug 2023 | £326,988 | £325,000 | 16 LUTTERWORTH ROAD |
| 9 Feb 2023 | £394,136 | £396,000 | HIGH BARN THE BANK |
| 26 Jul 2022 | £818,893 | £820,000 | HALL FARM ST PETERS ROAD |
| 20 May 2022 | £583,676 | £575,000 | OAK TREE COTTAGE OAK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near The Bank |
| Apr 2024 | Burglary | Under investigation | On or near Robert Hall Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Robert Hall Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Welford Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Bank |