£644,358
This estimated value is based upon the latest sale price for the house of £118,500 on 25 Nov 1996. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £118,500 | 25 Nov 1996 |
| 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 1996 the House Price Index for LEICESTERSHIRE was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £118,500 results in an estimated price of approximately £644,358.
| 25 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.3 | 148.6 | 443.763 % | £118,500 | £525,858 | £644,358 |
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 | 298.073 % | £353,216 | £471,716 |
| 3 Month Average | 360.770 % | £427,512 | £546,012 |
| 6 Month Average | 410.026 % | £485,880 | £604,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £514,501 | £510,000 | 6 FLAXLAND CLOSE |
| 6 Jan 2023 | £597,187 | £600,000 | 25 AUDLEY CLOSE |
| 1 Jul 2022 | £526,417 | £525,000 | 32 SANDRINGHAM WAY |
| 25 Feb 2022 | £613,486 | £585,000 | 2 AUDLEY CLOSE |
| 20 Nov 2020 | £510,116 | £440,000 | 7 SANDRINGHAM WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near The Longlands |
| Mar 2024 | Anti-social behaviour | On or near Ashley Way | |
| Dec 2023 | Other crime | Under investigation | On or near Ashley Way |
| Mar 2024 | Burglary | Under investigation | On or near Fern Ley Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fern Ley Close |