£660,461
This estimated value is based upon the latest sale price for the house of £280,000 on 27 Jun 2003. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 27 Jun 2003 |
| 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 June 2003 the House Price Index for LEICESTERSHIRE was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £280,000 results in an estimated price of approximately £660,461.
| 27 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £280,000 | £380,461 | £660,461 |
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 | 105.685 % | £295,917 | £575,917 |
| 3 Month Average | 86.048 % | £240,935 | £520,935 |
| 6 Month Average | 103.006 % | £288,416 | £568,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £239,839 | £240,000 | 4 SEAGRAVE ROAD |
| 24 Feb 2023 | £394,734 | £395,000 | 4 REARSBY ROAD |
| 6 Jan 2023 | £388,171 | £390,000 | 6 FERNELEY RISE |
| 11 Jul 2022 | £270,679 | £269,950 | 3 RATCLIFFE ROAD |
| 26 May 2022 | £163,073 | £160,000 | 7 REARSBY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Green |
| Mar 2024 | Anti-social behaviour | On or near Church Lane | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Seagrave Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Seagrave Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rearsby Road |