£144,644
This estimated value is based upon the latest sale price for the house of £93,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £93,000 | 14 Mar 2008 |
| £31,950 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 38 sq meters or 409 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 March 2008 the House Price Index for LEICESTERSHIRE was 94.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.531%.Applying this 55.531% change to the original purchase price of £93,000 results in an estimated price of approximately £144,644.
| 14 Mar 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 146.7 | 55.531 % | £93,000 | £51,644 | £144,644 |
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 | 28.989 % | £26,959 | £119,959 |
| 3 Month Average | 27.325 % | £25,412 | £118,412 |
| 6 Month Average | 37.907 % | £35,253 | £128,253 |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 3 Nov 2021.
The average size of a house on REDMIRES CLOSE is 64 sq meters (697 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Knipton Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Knipton Drive |
| Mar 2024 | Burglary | Under investigation | On or near Blithfield Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowbank Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Barden Close |