£145,601
This estimated value is based upon the latest sale price for the house of £85,500 on 7 Sep 2012. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £85,500 | 7 Sep 2012 |
| £95,000 | 27 Jun 2005 |
| £66,000 | 23 Oct 2003 |
| £47,000 | 14 Dec 2001 |
| £38,950 | 29 Oct 1999 |
| Terraced |
| 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 September 2012 the House Price Index for LEICESTERSHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £85,500 results in an estimated price of approximately £145,601.
| 7 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £85,500 | £60,101 | £145,601 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | 76.887 % | £65,738 | £151,238 |
| 3 Month Average | 75.047 % | £64,165 | £149,665 |
| 6 Month Average | 73.573 % | £62,904 | £148,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £536,864 | £530,000 | 2 SPA LANE |
| 4 Sep 2023 | £506,476 | £500,000 | THE BRIARS, 29 SPA LANE |
| 26 Jan 2023 | £129,390 | £130,000 | 40 LONDON ROAD |
| 29 Jul 2022 | £157,424 | £157,000 | 14 LONDON ROAD |
| 22 Jul 2022 | £240,648 | £240,000 | 102 OLYMPIC WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near College Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spa Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowling Green Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bowling Green Road |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Bowling Green Road |