£1,597,741
This estimated value is based upon the latest sale price for the house of £1,110,000 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,110,000 | 28 Jul 2015 |
| £305,000 | 7 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 319 sq meters or 3,436 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 July 2015 the House Price Index for LEICESTERSHIRE was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £1,110,000 results in an estimated price of approximately £1,597,741.
| 28 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £1,110,000 | £487,741 | £1,597,741 |
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 | 34.638 % | £384,478 | £1,494,478 |
| 3 Month Average | 46.060 % | £511,262 | £1,621,262 |
| 6 Month Average | 59.611 % | £661,687 | £1,771,687 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £483,459 | £475,000 | 10 POWYS AVENUE |
| 1 Mar 2023 | £297,806 | £295,000 | 16 POWYS AVENUE |
| 13 Oct 2022 | £1,048,708 | £1,060,000 | 26 KNIGHTON RISE |
| 27 Apr 2022 | £1,158,524 | £1,125,000 | 25 POWYS AVENUE |
| 31 Jan 2022 | £560,933 | £533,000 | 1 BANKART AVENUE |
This house has a floor area of 319 sq meters or 3,436 sq feet when measured on 17 May 2010. Using an estimated price of £1,597,741 means this house is valued at £5,004 per sq meter (£464 per sq foot).
The average size of a house on KNIGHTON RISE is 378 sq meters (4,073 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Knighton Grange Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morland Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Morland Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Morland Avenue |