£368,956
This estimated value is based upon the latest sale price for the house of £302,500 on 14 Jun 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Fern Ley Close
More crime details
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| Price Paid | Date |
|---|---|
| £302,500 | 14 Jun 2019 |
| £250,000 | 12 Dec 2014 |
| £208,000 | 11 Apr 2008 |
| £96,600 | 10 Dec 1999 |
| £89,500 | 14 Dec 1998 |
| £82,500 | 24 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2019 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.969%.Applying this 21.969% change to the original purchase price of £302,500 results in an estimated price of approximately £368,956.
| 14 Jun 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.969 % | £302,500 | £66,456 | £368,956 |
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 | -34.628 % | £-104,749 | £197,750 |
| 3 Month Average | -6.977 % | £-21,106 | £281,393 |
| 6 Month Average | 2.345 % | £7,092 | £309,592 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Jan 2019.
The average size of a house on REDLICH CLOSE is 134 sq meters (1,445 sq feet).
This house is the smallest in the street with a floor area of 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Furlongs |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way |