£361,727
This estimated value is based upon the latest sale price for the house of £221,000 on 8 Nov 2013. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £221,000 | 8 Nov 2013 |
| 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 November 2013 the House Price Index for LEICESTERSHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £221,000 results in an estimated price of approximately £361,727.
| 8 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £221,000 | £140,727 | £361,727 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 91.066 % | £201,256 | £422,256 |
| 3 Month Average | 40.271 % | £88,999 | £309,999 |
| 6 Month Average | 49.518 % | £109,435 | £330,435 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £322,892 | £317,500 | 41 MARTIN AVENUE |
| 21 Nov 2022 | £364,297 | £366,000 | 41 MILL LANE |
| 16 Sep 2022 | £324,783 | £325,000 | 17 MARTIN AVENUE |
| 22 Apr 2022 | £344,943 | £332,500 | 13 MILL LANE |
| 8 Feb 2022 | £269,397 | £255,000 | 4 RIBBLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| Jul 2024 | Vehicle crime | Under investigation | On or near Mill Lane |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Mill Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Lodge Close |