£314,584
This estimated value is based upon the latest sale price for the house of £249,950 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £249,950 | 21 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 July 2017 the House Price Index for LEICESTERSHIRE was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £249,950 results in an estimated price of approximately £314,584.
| 21 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £249,950 | £64,634 | £314,584 |
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 | 5.376 % | £13,436 | £263,386 |
| 3 Month Average | 35.153 % | £87,864 | £337,814 |
| 6 Month Average | 36.300 % | £90,731 | £340,681 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 5 May 2017.
The average size of a house on NORFOLK DRIVE is 146 sq meters (1,574 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Burton Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Norfolk Drive |