£512,012
This estimated value is based upon the latest sale price for the house of £420,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £420,000 | 7 Sep 2018 |
| £234,950 | 19 Dec 2001 |
| Detached |
| Freehold |
| Floor Area: 190 sq meters or 2,045 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in September 2018 the House Price Index for LEICESTER 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 £420,000 results in an estimated price of approximately £512,012.
| 7 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £420,000 | £92,012 | £512,012 |
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 | 21.899 % | £91,977 | £511,977 |
| 3 Month Average | 4.575 % | £19,215 | £439,215 |
| 6 Month Average | 17.488 % | £73,450 | £493,450 |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 18 Apr 2015.
The average size of a house on EDGELEY CLOSE is 208 sq meters (2,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Local resolution | On or near Stowe Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hyde Close |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Bestwood Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bestwood Close |
| Mar 2024 | Public order | Under investigation | On or near Bramham Close |