£458,981
This estimated value is based upon the latest sale price for the house of £125,000 on 7 Jul 2000. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 7 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2000 the House Price Index for LEICESTERSHIRE was 40.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 267.185%.Applying this 267.185% change to the original purchase price of £125,000 results in an estimated price of approximately £458,981.
| 7 Jul 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 146.7 | 267.185 % | £125,000 | £333,981 | £458,981 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 251.122 % | £313,902 | £438,902 |
| 3 Month Average | 254.016 % | £317,519 | £442,519 |
| 6 Month Average | 255.034 % | £318,792 | £443,792 |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 13 Aug 2015.
The average size of a house on PENZANCE CLOSE is 185 sq meters (1,996 sq feet).
This house is the smallest in the street with a floor area of 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Newquay Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Newquay Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ashby Grange |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashby Grange |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Ashby Grange |