£163,502
This estimated value is based upon the latest sale price for the house of £131,000 on 23 Mar 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £131,000 | 23 Mar 2018 |
| £96,000 | 17 Feb 2017 |
| Terraced |
| Freehold |
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 March 2018 the House Price Index for LEICESTER was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £131,000 results in an estimated price of approximately £163,502.
| 23 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £131,000 | £32,502 | £163,502 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 20.701 % | £27,118 | £158,118 |
| 3 Month Average | 26.184 % | £34,301 | £165,301 |
| 6 Month Average | 33.285 % | £43,603 | £174,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £560,606 | £550,000 | ELM TREE FARM, 8 KIRBY LANE |
| 5 Apr 2023 | £351,613 | £349,000 | 9 ST PETERS CLOSE |
| 10 Mar 2023 | £321,739 | £320,000 | 15 SADDLERS CLOSE |
| 19 Aug 2022 | £577,101 | £581,000 | 11 THE OASIS |
| 17 Dec 2021 | £437,491 | £410,000 | 5 FARMERS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramley Court |
| Jan 2024 | Other theft | Formal action is not in the public interest | On or near Bramley Court |
| Apr 2024 | Public order | Under investigation | On or near Forge Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forge Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Forge Close |