£237,876
This estimated value is based upon the latest sale price for the house of £197,500 on 26 Mar 2020. 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 Frome Avenue
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| Price Paid | Date |
|---|---|
| £197,500 | 26 Mar 2020 |
| £181,000 | 27 Oct 2017 |
| £172,000 | 3 Apr 2007 |
| £127,000 | 8 Apr 2004 |
| £62,000 | 1 May 1998 |
| 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 March 2020 the House Price Index for LEICESTERSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £197,500 results in an estimated price of approximately £237,876.
| 26 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £197,500 | £40,376 | £237,876 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 45.907 % | £90,665 | £288,165 |
| 3 Month Average | 19.320 % | £38,157 | £235,657 |
| 6 Month Average | 23.797 % | £46,998 | £244,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2022 | £262,698 | £250,500 | 19 STOUR CLOSE |
| 29 Sep 2021 | £215,518 | £200,000 | 23 FROME AVENUE |
| 27 Sep 2021 | £312,502 | £290,000 | 15 FROME AVENUE |
| 25 Jun 2021 | £277,887 | £259,000 | 17 FROME AVENUE |
| 28 May 2021 | £367,262 | £325,000 | 8 SWALE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Frome Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Swale Close |
| Mar 2024 | Other crime | Further action is not in the public interest | On or near Swale Close |
| Mar 2024 | Drugs | Local resolution | On or near Swale Close |
| Mar 2024 | Anti-social behaviour | On or near Swale Close |