£485,018
This estimated value is based upon the latest sale price for the house of £103,950 on 14 Aug 1998. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £103,950 | 14 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 1998 the House Price Index for LEICESTERSHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £103,950 results in an estimated price of approximately £485,018.
| 14 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £103,950 | £381,068 | £485,018 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 204.276 % | £212,344 | £316,294 |
| 3 Month Average | 201.900 % | £209,875 | £313,825 |
| 6 Month Average | 255.903 % | £266,011 | £369,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £263,907 | £260,000 | 1 WILLOW TREE CRESCENT |
| 14 Jan 2022 | £247,316 | £235,000 | 22 WILLOW TREE CRESCENT |
| 20 Aug 2021 | £379,254 | £339,950 | 1 ROBINIA CLOSE |
| 9 Oct 2020 | £211,155 | £180,000 | 7 GREENACRES DRIVE |
| 24 Jul 2020 | £229,749 | £190,000 | 28 ROBINIA CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 5 Feb 2015. Using an estimated price of £485,018 means this house is valued at £4,330 per sq meter (£402 per sq foot).
The average size of a house on ROBINIA CLOSE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Lilac Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near De Verdon Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near De Verdon Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Poplar Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Jasmine Close |