£269,818
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Nov 2019 |
| 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 November 2019 the House Price Index for LEICESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £220,000 results in an estimated price of approximately £269,818.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £220,000 | £49,818 | £269,818 |
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 | 7.300 % | £16,060 | £236,060 |
| 3 Month Average | 9.043 % | £19,894 | £239,894 |
| 6 Month Average | 21.799 % | £47,957 | £267,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £559,795 | £550,000 | ELM TREE FARM, 8 KIRBY LANE |
| 5 Apr 2023 | £352,799 | £349,000 | 9 ST PETERS CLOSE |
| 10 Mar 2023 | £323,043 | £320,000 | 15 SADDLERS CLOSE |
| 17 Dec 2021 | £439,265 | £410,000 | 5 FARMERS CLOSE |
| 30 Sep 2021 | £457,977 | £425,000 | 8 GRANGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bramley Court |
| Jan 2024 | Other theft | Formal action is not in the public interest | On or near Bramley Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Maltings |
| Apr 2024 | Public order | Under investigation | On or near Forge Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Forge Close |