£389,284
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Apr 2014 |
| £100,000 | 1 Dec 2000 |
| 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 April 2014 the House Price Index for LEICESTERSHIRE was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £250,000 results in an estimated price of approximately £389,284.
| 11 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £250,000 | £139,284 | £389,284 |
The Postcode Pricing Model uses changes in average sales price within the LE8 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 | 23.128 % | £57,820 | £307,820 |
| 3 Month Average | 52.000 % | £130,000 | £380,000 |
| 6 Month Average | 49.614 % | £124,034 | £374,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £218,231 | £215,000 | 21A ORCHARD STREET |
| 22 Sep 2023 | £298,821 | £295,000 | 37A VICTORIA STREET |
| 11 Aug 2023 | £127,616 | £126,500 | 6 RUSSET HOUSE ORCHARD STREET |
| 6 Jul 2023 | £124,678 | £123,000 | 7 RUSSET HOUSE ORCHARD STREET |
| 28 Apr 2023 | £121,306 | £120,000 | 5 RUSSET HOUSE ORCHARD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Orchard Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orchard Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Orchard Street |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Orchard Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lamplighters |