£216,926
This estimated value is based upon the latest sale price for the house of £212,000 on 2 Feb 2024. 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 Morris Close
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| Price Paid | Date |
|---|---|
| £212,000 | 2 Feb 2024 |
| £110,000 | 18 Oct 2013 |
| £105,000 | 19 Jun 2009 |
| £54,950 | 27 Oct 2000 |
| £47,995 | 22 Nov 1996 |
| Terraced |
| 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 February 2024 the House Price Index for LEICESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £212,000 results in an estimated price of approximately £216,926.
| 2 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £212,000 | £4,926 | £216,926 |
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 | 26.550 % | £56,285 | £268,285 |
| 3 Month Average | 12.550 % | £26,605 | £238,605 |
| 6 Month Average | 3.831 % | £8,120 | £220,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £257,926 | £250,000 | 7 COBBETT ROAD |
| 28 Sep 2023 | £347,664 | £340,000 | 9 SEACOLE CLOSE |
| 16 Sep 2022 | £333,877 | £334,100 | 2 THE HASTINGS |
| 7 Sep 2022 | £225,349 | £225,500 | 4 MORRIS CLOSE |
| 14 Jun 2022 | £388,300 | £380,000 | 7 THE HASTINGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Morris Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Yeats Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ferrars Court |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Smart Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Tom Paine Close |