£1,293,900
This estimated value is based upon the latest sale price for the house of £1,055,000 on 28 Nov 2019. 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 Gipsy Lane
More crime details
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| Price Paid | Date |
|---|---|
| £1,055,000 | 28 Nov 2019 |
| £500,000 | 28 Jun 2013 |
| 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 November 2019 the House Price Index for LEICESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £1,055,000 results in an estimated price of approximately £1,293,900.
| 28 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £1,055,000 | £238,900 | £1,293,900 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 44.958 % | £474,308 | £1,529,308 |
| 3 Month Average | 13.513 % | £142,562 | £1,197,562 |
| 6 Month Average | 12.922 % | £136,325 | £1,191,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2022 | £822,785 | £825,000 | 3 GIPSY LANE |
| 10 Jun 2022 | £466,594 | £460,000 | 243 SWITHLAND LANE |
| 11 Feb 2022 | £390,639 | £372,500 | 18 WILLOW GROVE |
| 8 Feb 2022 | £838,956 | £800,000 | 144 SWITHLAND LANE |
| 28 Jan 2022 | £968,215 | £920,000 | 124 THE RIDINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gipsy Lane |
| Mar 2024 | Burglary | Under investigation | On or near Swithland Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaumaris Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Blair Close |
| Jan 2024 | Burglary | Under investigation | On or near Glamis Close |