£142,006
This estimated value is based upon the latest sale price for the house of £140,000 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There have been three burglaries within the last year on or near Shelley Street
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| Price Paid | Date |
|---|---|
| £140,000 | 30 Jun 2022 |
| £36,000 | 11 Feb 1999 |
| £32,000 | 10 May 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2022 the House Price Index for LEICESTERSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £140,000 results in an estimated price of approximately £142,006.
| 30 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £140,000 | £2,006 | £142,006 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 4.199 % | £5,879 | £145,879 |
| 3 Month Average | -9.363 % | £-13,108 | £126,891 |
| 6 Month Average | 2.103 % | £2,943 | £142,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £143,000 | £143,000 | 16 WARWICK COURT |
| 9 Nov 2023 | £137,029 | £135,000 | 26 SHELLEY STREET |
| 22 Sep 2023 | £94,711 | £93,500 | FLAT 60 KNIGHTTHORPE COURT BURNS ROAD |
| 28 Jul 2023 | £158,128 | £156,000 | 175 BYRON STREET |
| 29 Mar 2023 | £85,808 | £85,000 | FLAT 23 KNIGHTTHORPE COURT BURNS ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 9 Dec 2021. Using an estimated price of £142,007 means this house is valued at £1,651 per sq meter (£153 per sq foot).
There is one other house on the street which we know the size of, this is 8 MATTHEW ARNOLD COURT it is 88.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Shelley Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Street |