£650,808
This estimated value is based upon the latest sale price for the house of £510,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £510,000 | 28 Apr 2017 |
| £400,000 | 3 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 sq feet |
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 April 2017 the House Price Index for LEICESTERSHIRE was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £510,000 results in an estimated price of approximately £650,808.
| 28 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £510,000 | £140,808 | £650,808 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | -22.011 % | £-112,254 | £397,745 |
| 3 Month Average | 14.887 % | £75,923 | £585,923 |
| 6 Month Average | 22.245 % | £113,451 | £623,451 |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 10 Sep 2016.
The average size of a house on GARFIELD CLOSE is 164 sq meters (1,775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near St Nicholas Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Latimer Crescent |
| Feb 2024 | Other crime | Formal action is not in the public interest | On or near Scotland Road |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |