£566,096
This estimated value is based upon the latest sale price for the house of £412,500 on 11 Jan 2016. 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 Cherry Tree Avenue
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Price Paid | Date |
---|---|
£412,500 | 11 Jan 2016 |
£364,500 | 20 Nov 2008 |
£422,500 | 28 Apr 2008 |
£299,000 | 31 Aug 2001 |
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 January 2016 the House Price Index for LEICESTERSHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £412,500 results in an estimated price of approximately £566,096.
11 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £412,500 | £153,596 | £566,096 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | 2.020 % | £8,330 | £420,830 |
3 Month Average | 20.850 % | £86,007 | £498,507 |
6 Month Average | 38.599 % | £159,221 | £571,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £222,849 | £220,000 | 6 CHERRY TREE COURT |
1 Sep 2023 | £278,562 | £275,000 | 90 BARRY DRIVE |
28 Apr 2023 | £495,333 | £490,000 | 59 BARRY DRIVE |
13 Apr 2023 | £485,225 | £480,000 | 31 BARRY DRIVE |
16 Mar 2023 | £368,471 | £365,000 | 43 BARRY DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Tree Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cherry Tree Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Centurion Drive |
Feb 2024 | Criminal damage and arson | Local resolution | On or near Centurion Drive |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Centurion Drive |