£217,186
This estimated value is based upon the latest sale price for the house of £175,000 on 19 Dec 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 19 Dec 2017 |
| £113,000 | 30 Sep 2003 |
| £58,000 | 27 Jul 2000 |
| £51,000 | 28 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2017 the House Price Index for LEICESTERSHIRE was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £175,000 results in an estimated price of approximately £217,186.
| 19 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £175,000 | £42,186 | £217,186 |
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 | 4.128 % | £7,223 | £182,223 |
| 3 Month Average | 22.834 % | £39,959 | £214,959 |
| 6 Month Average | 23.663 % | £41,410 | £216,410 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 May 2017.
The average size of a house on RICHARD CLOSE is 103 sq meters (1,117 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richard Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larch Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larch Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Drive |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Beech Drive |