£79,189
This estimated value is based upon the latest sale price for the house of £52,500 on 18 Jul 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £52,500 | 18 Jul 2014 |
| £62,000 | 29 Feb 2008 |
| £35,000 | 14 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 24 sq meters or 258 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 July 2014 the House Price Index for LEICESTERSHIRE was 97.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 50.837%.Applying this 50.837% change to the original purchase price of £52,500 results in an estimated price of approximately £79,189.
| 18 Jul 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 146.7 | 50.837 % | £52,500 | £26,689 | £79,189 |
The Postcode Pricing Model uses changes in average sales price within the LE18 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 | 66.807 % | £35,073 | £87,573 |
| 3 Month Average | 55.113 % | £28,934 | £81,434 |
| 6 Month Average | 62.007 % | £32,553 | £85,053 |
This house has a floor area of 24 sq meters or 258 sq feet when measured on 13 Mar 2014.
The average size of a house on PENNEY CLOSE is 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Drugs | Under investigation | On or near Mapleton Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Mapleton Road |
| Mar 2024 | Anti-social behaviour | On or near Ramsdean Avenue | |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Ramsdean Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |