£237,308
This estimated value is based upon the latest sale price for the house of £147,950 on 1 Nov 2013. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £147,950 | 1 Nov 2013 |
| £39,000 | 11 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 51 sq meters or 548 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 November 2013 the House Price Index for LEICESTERSHIRE was 91.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 60.398%.Applying this 60.398% change to the original purchase price of £147,950 results in an estimated price of approximately £237,308.
| 1 Nov 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 146.7 | 60.398 % | £147,950 | £89,358 | £237,308 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 40.166 % | £59,424 | £207,374 |
| 3 Month Average | 57.023 % | £84,365 | £232,315 |
| 6 Month Average | 61.184 % | £90,522 | £238,472 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 29 Jun 2013.
There is one other house on the street which we know the size of, this is 11 MORTIMER ROAD it is 96.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Elgin Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Elgin Drive |
| Feb 2024 | Shoplifting | Under investigation | On or near Elgin Drive |
| Dec 2023 | Criminal damage and arson | Formal action is not in the public interest | On or near Elgin Drive |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Needham Close |