£488,547
This estimated value is based upon the latest sale price for the house of £480,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£480,000 | 11 Dec 2023 |
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 December 2023 the House Price Index for LEICESTERSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £480,000 results in an estimated price of approximately £488,547.
11 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.0 | 148.6 | 1.781 % | £480,000 | £8,547 | £488,547 |
The Postcode Pricing Model uses changes in average sales price within the LE7 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 | 24.613 % | £118,144 | £598,144 |
3 Month Average | 9.283 % | £44,560 | £524,560 |
6 Month Average | -3.753 % | £-18,014 | £461,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £488,548 | £480,000 | 26 FAIRHAVEN ROAD |
29 Sep 2023 | £607,771 | £600,000 | 8 LONGHADE FURLONG |
2 Jun 2023 | £440,334 | £435,000 | 8 WOOLDEN WAY |
24 Apr 2023 | £288,102 | £285,000 | 21 WOOLDEN WAY |
24 Feb 2023 | £334,775 | £335,000 | 16 WOOLDEN WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Wooldale Close | |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Greys View |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Pollards Road |
Feb 2024 | Vehicle crime | Under investigation | On or near Marwins Walk |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Balladine Road |