£505,241
This estimated value is based upon the latest sale price for the house of £297,000 on 15 Oct 2010. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £297,000 | 15 Oct 2010 |
| £294,500 | 25 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,473 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in October 2010 the House Price Index for LEICESTER was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £297,000 results in an estimated price of approximately £505,241.
| 15 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £297,000 | £208,241 | £505,241 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 54.418 % | £161,620 | £458,620 |
| 3 Month Average | 62.684 % | £186,171 | £483,171 |
| 6 Month Average | 68.307 % | £202,870 | £499,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £415,027 | £410,000 | 44 LADY HAY ROAD |
| 14 Jun 2022 | £426,021 | £420,000 | 3 KINCHLEY CLOSE |
| 14 Oct 2021 | £387,267 | £350,000 | 5 BROOMBRIGGS ROAD |
| 24 Sep 2021 | £533,408 | £495,000 | 9 WHITTINGTON ROAD |
| 18 Jun 2021 | £434,534 | £405,000 | 4 ROECLIFFE CLOSE |
This house has a floor area of 136 sq meters or 1,473 sq feet when measured on 19 Apr 2010. Using an estimated price of £505,242 means this house is valued at £3,690 per sq meter (£342 per sq foot).
The average size of a house on KINCHLEY CLOSE is 167 sq meters (1,800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roecliffe Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Broadnook Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadnook Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Billesdon Close |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Bardon Close |