£257,039
This estimated value is based upon the latest sale price for the house of £215,000 on 25 Jun 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 25 Jun 2020 |
| £215,000 | 5 Oct 2018 |
| £120,000 | 18 Jul 2012 |
| £149,950 | 30 Apr 2004 |
| £47,000 | 15 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 June 2020 the House Price Index for LEICESTERSHIRE was 122.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.553%.Applying this 19.553% change to the original purchase price of £215,000 results in an estimated price of approximately £257,039.
| 25 Jun 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 146.7 | 19.553 % | £215,000 | £42,039 | £257,039 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 379.650 % | £816,246 | £1,031,246 |
| 3 Month Average | 60.514 % | £130,105 | £345,105 |
| 6 Month Average | 26.734 % | £57,477 | £272,477 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Jul 2018.
There is one other house on the street which we know the size of, this is 2 MORTIMER ROAD it is 51.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Elgin Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elgin Drive |
| Feb 2024 | Shoplifting | Under investigation | On or near Elgin Drive |
| Dec 2023 | Criminal damage and arson | Formal action is not in the public interest | On or near Elgin Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Needham Close |