£229,795
This estimated value is based upon the latest sale price for the house of £50,000 on 23 Sep 1998. 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 Hermitage Road
More crime details
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| Price Paid | Date |
|---|---|
| £50,000 | 23 Sep 1998 |
| £32,000 | 4 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 September 1998 the House Price Index for LEICESTERSHIRE was 31.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 359.592%.Applying this 359.592% change to the original purchase price of £50,000 results in an estimated price of approximately £229,795.
| 23 Sep 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 146.7 | 359.592 % | £50,000 | £179,795 | £229,795 |
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 | 176.881 % | £88,440 | £138,440 |
| 3 Month Average | 215.622 % | £107,811 | £157,811 |
| 6 Month Average | 273.465 % | £136,732 | £186,732 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Dec 2018.
The average size of a house on HERMITAGE ROAD is 87 sq meters (940 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Hermitage Road | |
| Feb 2024 | Anti-social behaviour | On or near Hermitage Road | |
| Feb 2024 | Theft from the person | Under investigation | On or near Hermitage Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hermitage Road |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Hermitage Road |