£389,396
This estimated value is based upon the latest sale price for the house of £317,500 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Chadderton Close
More crime details
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Price Paid | Date |
---|---|
£317,500 | 15 Nov 2019 |
£200,000 | 25 Jul 2014 |
£69,000 | 8 Aug 1997 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in November 2019 the House Price Index for LEICESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £317,500 results in an estimated price of approximately £389,396.
15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £317,500 | £71,896 | £389,396 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | -2.576 % | £-8,177 | £309,322 |
3 Month Average | 13.971 % | £44,356 | £361,856 |
6 Month Average | 26.260 % | £83,374 | £400,874 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2022 | £284,014 | £280,000 | 14 PENDLEBURY DRIVE |
31 May 2022 | £321,049 | £315,000 | 21 CHADDERTON CLOSE |
12 Apr 2022 | £362,489 | £352,000 | 4 SHREWSBURY AVENUE |
17 Dec 2020 | £332,837 | £290,000 | 3 SKELTON DRIVE |
16 Oct 2020 | £322,598 | £275,000 | 2 WOODCROFT AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Feb 2014. Using an estimated price of £389,397 means this house is valued at £4,375 per sq meter (£406 per sq foot).
The average size of a house on CHADDERTON CLOSE is 110 sq meters (1,185 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Chadderton Close |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chadderton Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Chadderton Close |
Mar 2024 | Drugs | Under investigation | On or near Larchwood Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pendlebury Drive |