£246,416
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Dec 2021. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Dec 2021 |
| £193,000 | 17 Sep 2019 |
| £145,000 | 6 Jun 2014 |
| £109,500 | 19 Dec 2003 |
| Semi-Detached |
| Freehold |
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 December 2021 the House Price Index for LEICESTERSHIRE was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £230,000 results in an estimated price of approximately £246,416.
| 20 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £230,000 | £16,416 | £246,416 |
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 | 5.829 % | £13,407 | £243,407 |
| 3 Month Average | -1.198 % | £-2,755 | £227,244 |
| 6 Month Average | 8.895 % | £20,458 | £250,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £342,000 | £342,000 | 7 OAK SPINNEY PARK |
| 24 Nov 2023 | £253,757 | £250,000 | 69 PACKER AVENUE |
| 17 Nov 2023 | £248,682 | £245,000 | 98 PACKER AVENUE |
| 18 Sep 2023 | £258,303 | £255,000 | 41 BIGNAL DRIVE |
| 15 Sep 2023 | £303,885 | £300,000 | 38 BIGNAL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bignal Drive | |
| Mar 2024 | Anti-social behaviour | On or near Bignal Drive | |
| Apr 2024 | Public order | Under investigation | On or near Churchill Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Churchill Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Churchill Drive |