£278,116
This estimated value is based upon the latest sale price for the house of £85,950 on 25 Sep 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,950 | 25 Sep 2001 |
| £56,500 | 31 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 September 2001 the House Price Index for LEICESTERSHIRE was 45.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 223.580%.Applying this 223.580% change to the original purchase price of £85,950 results in an estimated price of approximately £278,116.
| 25 Sep 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 146.7 | 223.580 % | £85,950 | £192,166 | £278,116 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 107.545 % | £92,435 | £178,385 |
| 3 Month Average | 133.371 % | £114,632 | £200,582 |
| 6 Month Average | 156.399 % | £134,425 | £220,375 |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 29 Jul 2020.
The average size of a house on SPRUCE WAY is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Aspen Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aspen Way |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Aspen Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Aspen Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magnolia Drive |