£387,545
This estimated value is based upon the latest sale price for the house of £320,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 20 Dec 2019 |
| £105,450 | 14 May 1999 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 December 2019 the House Price Index for LEICESTERSHIRE was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £320,000 results in an estimated price of approximately £387,545.
| 20 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £320,000 | £67,545 | £387,545 |
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 | -29.148 % | £-93,274 | £226,725 |
| 3 Month Average | 4.958 % | £15,865 | £335,865 |
| 6 Month Average | 14.886 % | £47,635 | £367,635 |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 24 May 2019.
The average size of a house on AZALEA CLOSE is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodbrig Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodbrig Close |
| Mar 2024 | Burglary | Under investigation | On or near West View Lane |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Lilac Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Townend Close |