£280,115
This estimated value is based upon the latest sale price for the house of £177,700 on 31 Jul 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £177,700 | 31 Jul 2007 |
| £165,000 | 4 Aug 2004 |
| £74,450 | 22 Dec 1997 |
| Detached |
| 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 July 2007 the House Price Index for LEICESTERSHIRE was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £177,700 results in an estimated price of approximately £280,115.
| 31 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £177,700 | £102,415 | £280,115 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 51.280 % | £91,124 | £268,824 |
| 3 Month Average | 44.370 % | £78,846 | £256,546 |
| 6 Month Average | 56.682 % | £100,723 | £278,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £254,452 | £250,000 | 7 COBBETT ROAD |
| 27 Jan 2023 | £223,945 | £225,000 | 16 TOM PAINE CLOSE |
| 16 Aug 2022 | £224,396 | £225,000 | 6 CLARE GROVE |
| 29 Jul 2022 | £208,060 | £207,500 | 40 TOM PAINE CLOSE |
| 27 Sep 2021 | £210,131 | £195,000 | 41 TOM PAINE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Under investigation | On or near Tom Paine Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tressell Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Collins Close |
| Mar 2024 | Burglary | Under investigation | On or near Seacole Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ferrars Court |