£346,821
This estimated value is based upon the latest sale price for the house of £194,950 on 14 Dec 2005. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £194,950 | 14 Dec 2005 |
| £80,000 | 29 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 December 2005 the House Price Index for LEICESTERSHIRE was 82.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 77.903%.Applying this 77.903% change to the original purchase price of £194,950 results in an estimated price of approximately £346,821.
| 14 Dec 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 146.7 | 77.903 % | £194,950 | £151,871 | £346,821 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 20.336 % | £39,644 | £234,594 |
| 3 Month Average | 35.712 % | £69,621 | £264,571 |
| 6 Month Average | 53.808 % | £104,898 | £299,848 |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 7 Dec 2015.
The average size of a house on PEAR TREE CLOSE is 169 sq meters (1,822 sq feet).
This house is the largest in the street with a floor area of 145 sq meters (1,560 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Woodlea Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Jasmine Close |
| Feb 2024 | Drugs | Local resolution | On or near Jasmine Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yew Tree Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pine Close |