£594,125
This estimated value is based upon the latest sale price for the house of £423,500 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £423,500 | 16 Nov 2015 |
| 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 2015 the House Price Index for LEICESTERSHIRE was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £423,500 results in an estimated price of approximately £594,125.
| 16 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £423,500 | £170,625 | £594,125 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 21.133 % | £89,498 | £512,998 |
| 3 Month Average | 47.074 % | £199,359 | £622,859 |
| 6 Month Average | 41.403 % | £175,341 | £598,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £1,051,696 | £1,025,000 | 13 - 14 KERNAN DRIVE |
| 7 Nov 2023 | £283,188 | £276,000 | UNIT 5 AERODROME CLOSE |
| 15 Aug 2023 | £137,480 | £135,000 | APARTMENT 11 1 RACECOURSE MEWS |
| 30 Jun 2023 | £933,712 | £915,000 | 25 - 26 KERNAN DRIVE |
| 28 Jun 2023 | £510,225 | £500,000 | UNIT 23 SWINGBRIDGE TRADING ESTATE KERNAN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Kernan Drive | |
| Sep 2024 | Anti-social behaviour | On or near Kernan Drive | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kernan Drive |
| Aug 2024 | Other crime | Investigation complete; no suspect identified | On or near Kernan Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Kernan Drive |