£178,296
This estimated value is based upon the latest sale price for the house of £149,950 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £149,950 | 13 Mar 2020 |
| £112,200 | 16 Dec 2005 |
| £85,500 | 7 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2020 the House Price Index for LEICESTERSHIRE was 123.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.904%.Applying this 18.904% change to the original purchase price of £149,950 results in an estimated price of approximately £178,296.
| 13 Mar 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 146.7 | 18.904 % | £149,950 | £28,346 | £178,296 |
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 | 49.448 % | £74,146 | £224,096 |
| 3 Month Average | 26.528 % | £39,778 | £189,728 |
| 6 Month Average | 22.110 % | £33,153 | £183,103 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Apr 2014.
The average size of a house on MEREVALE CLOSE is 96 sq meters (1,035 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Merevale Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northfield Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Northfield Road |
| Feb 2024 | Anti-social behaviour | On or near Granville Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Granville Gardens |