£431,069
This estimated value is based upon the latest sale price for the house of £346,000 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Arden Close
More crime details
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| Price Paid | Date |
|---|---|
| £346,000 | 27 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2017 the House Price Index for LEICESTERSHIRE was 117.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.586%.Applying this 24.586% change to the original purchase price of £346,000 results in an estimated price of approximately £431,069.
| 27 Oct 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 146.7 | 24.586 % | £346,000 | £85,069 | £431,069 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | -25.757 % | £-89,120 | £256,879 |
| 3 Month Average | 1.257 % | £4,349 | £350,349 |
| 6 Month Average | 17.651 % | £61,073 | £407,073 |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 5 Jul 2017.
The average size of a house on THE RIDGEWAY is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Arden Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Close |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Oak Close |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near The Ridgeway |