£504,745
This estimated value is based upon the latest sale price for the house of £103,950 on 28 Nov 1997. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Japonica Close
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| Price Paid | Date |
|---|---|
| £103,950 | 28 Nov 1997 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,362 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 1997 the House Price Index for LEICESTERSHIRE was 30.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 385.566%.Applying this 385.566% change to the original purchase price of £103,950 results in an estimated price of approximately £504,745.
| 28 Nov 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 146.7 | 385.566 % | £103,950 | £400,795 | £504,745 |
The Postcode Pricing Model uses changes in average sales price within the LE11 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 | 216.571 % | £225,125 | £329,075 |
| 3 Month Average | 253.738 % | £263,760 | £367,710 |
| 6 Month Average | 297.390 % | £309,136 | £413,086 |
This house has a floor area of 126 sq meters or 1,362 sq feet when measured on 24 Nov 2011.
The average size of a house on SPRUCE AVENUE is 152 sq meters (1,641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Japonica Close |
| Feb 2024 | Burglary | Under investigation | On or near Japonica Close |
| Dec 2023 | Public order | Local resolution | On or near Japonica Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Japonica Close |
| Dec 2023 | Public order | Local resolution | On or near Japonica Close |