£347,344
This estimated value is based upon the latest sale price for the house of £189,000 on 24 Mar 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £189,000 | 24 Mar 2005 |
| £229,950 | 1 Sep 2004 |
| £71,250 | 27 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2005 the House Price Index for LEICESTERSHIRE was 79.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.780%.Applying this 83.780% change to the original purchase price of £189,000 results in an estimated price of approximately £347,344.
| 24 Mar 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 146.7 | 83.780 % | £189,000 | £158,344 | £347,344 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 28.637 % | £54,123 | £243,123 |
| 3 Month Average | 41.558 % | £78,544 | £267,544 |
| 6 Month Average | 57.824 % | £109,286 | £298,286 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Oct 2019.
The average size of a house on SPRING CLOSE is 145 sq meters (1,570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Drive |
| Jan 2024 | Public order | Further action is not in the public interest | On or near Hill Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Regent Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Regent Street |