£402,748
This estimated value is based upon the latest sale price for the house of £320,000 on 11 Jul 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 11 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 £320,000 results in an estimated price of approximately £402,748.
| 11 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £320,000 | £82,748 | £402,748 |
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 % | £17,202 | £337,202 |
| 3 Month Average | 35.153 % | £112,488 | £432,488 |
| 6 Month Average | 36.300 % | £116,159 | £436,159 |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 23 Jun 2020.
The average size of a house on RICHMOND DRIVE is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Norfolk Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Drive |
| Feb 2024 | Anti-social behaviour | On or near Norfolk Drive | |
| Feb 2024 | Anti-social behaviour | On or near Norfolk Drive |