£190,992
This estimated value is based upon the latest sale price for the house of £157,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £157,000 | 16 Nov 2018 |
| £134,950 | 2 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2018 the House Price Index for LEICESTERSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £157,000 results in an estimated price of approximately £190,992.
| 16 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £157,000 | £33,992 | £190,992 |
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 | -11.709 % | £-18,383 | £138,616 |
| 3 Month Average | -6.635 % | £-10,416 | £146,583 |
| 6 Month Average | 13.804 % | £21,672 | £178,672 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Jun 2020.
The average size of a house on DRAGE CLOSE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Drage Close |
| Feb 2024 | Vehicle crime | Local resolution | On or near Leicester Road |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Lacey Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Swift Way |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Swift Way |