£298,877
This estimated value is based upon the latest sale price for the house of £285,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £285,000 | 4 Feb 2022 |
| £235,000 | 13 Jul 2018 |
| £145,000 | 15 Dec 2005 |
| £79,000 | 30 Aug 2001 |
| £72,950 | 9 Dec 1999 |
| £59,000 | 11 Nov 1998 |
| £52,000 | 22 Aug 1997 |
| £48,450 | 22 May 1995 |
| Semi-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 February 2022 the House Price Index for LEICESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £285,000 results in an estimated price of approximately £298,877.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £285,000 | £13,877 | £298,877 |
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 | -35.215 % | £-100,363 | £184,636 |
| 3 Month Average | -10.669 % | £-30,406 | £254,593 |
| 6 Month Average | 7.415 % | £21,132 | £306,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £110,000 | £110,000 | 51 ELWELL AVENUE |
| 26 Sep 2023 | £268,432 | £265,000 | 81 ELWELL AVENUE |
| 10 Aug 2023 | £242,118 | £240,000 | 7 CHERRY TREE DRIVE |
| 2 Aug 2023 | £196,721 | £195,000 | 1 FIR TREE CLOSE |
| 24 Jul 2023 | £299,025 | £295,000 | 69 ELWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elwell Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elwell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bradgate Road |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Bradgate Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Willow Tree Close |