£198,154
This estimated value is based upon the latest sale price for the house of £162,545 on 18 Sep 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £162,545 | 18 Sep 2018 |
| £62,500 | 11 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2018 the House Price Index for LEICESTERSHIRE was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £162,545 results in an estimated price of approximately £198,154.
| 18 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £162,545 | £35,609 | £198,154 |
The Postcode Pricing Model uses changes in average sales price within the LE12 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 | 42.959 % | £69,828 | £232,373 |
| 3 Month Average | 11.645 % | £18,928 | £181,473 |
| 6 Month Average | 14.621 % | £23,765 | £186,310 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 8 Feb 2021.
There is one other house on the street which we know the size of, this is 14 GIBSON ROAD it is 70.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gibson Road |
| Mar 2024 | Burglary | Under investigation | On or near Hanover Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hanover Drive |
| Feb 2024 | Anti-social behaviour | On or near Hanover Drive | |
| Feb 2024 | Anti-social behaviour | On or near Hanover Drive |