£108,587
This estimated value is based upon the latest sale price for the house of £62,500 on 2 Oct 2009. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £62,500 | 2 Oct 2009 |
| £25,575 | 4 Feb 2000 |
| £24,200 | 27 Aug 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 October 2009 the House Price Index for LEICESTERSHIRE was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £62,500 results in an estimated price of approximately £108,587.
| 2 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £62,500 | £46,087 | £108,587 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 23.445 % | £14,653 | £77,153 |
| 3 Month Average | 36.701 % | £22,938 | £85,438 |
| 6 Month Average | 53.515 % | £33,446 | £95,946 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 30 Jul 2019.
The average size of a house on MAGNOLIA AVENUE is 62 sq meters (670 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Magnolia Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Pine Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Close |