£452,497
This estimated value is based upon the latest sale price for the house of £300,000 on 12 Nov 2014. 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 Melton Road
More crime details
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| Price Paid | Date |
|---|---|
| £300,000 | 12 Nov 2014 |
| £68,500 | 3 Apr 1998 |
| 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 November 2014 the House Price Index for LEICESTERSHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £300,000 results in an estimated price of approximately £452,497.
| 12 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £300,000 | £152,497 | £452,497 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | 30.705 % | £92,114 | £392,114 |
| 3 Month Average | 26.974 % | £80,921 | £380,921 |
| 6 Month Average | 26.287 % | £78,861 | £378,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £299,194 | £290,000 | 20 MELTON ROAD |
| 21 Apr 2023 | £382,148 | £375,000 | 18 HOUGHTON CLOSE |
| 20 Jan 2023 | £214,072 | £213,500 | 11 GLEBE ROAD |
| 13 Jan 2023 | £290,777 | £290,000 | 15 MELTON ROAD |
| 4 Aug 2022 | £313,968 | £312,500 | 16 MELTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Melton Road | |
| Oct 2024 | Burglary | Under investigation | On or near Melton Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Houghton Close |
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Glebe Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Glebe Road |