£304,138
This estimated value is based upon the latest sale price for the house of £250,000 on 11 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 11 Oct 2018 |
| £250,000 | 13 Dec 2016 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 October 2018 the House Price Index for LEICESTERSHIRE was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £250,000 results in an estimated price of approximately £304,138.
| 11 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £250,000 | £54,138 | £304,138 |
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 | -11.618 % | £-29,044 | £220,955 |
| 3 Month Average | 2.018 % | £5,044 | £255,044 |
| 6 Month Average | 17.560 % | £43,900 | £293,900 |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 23 Jun 2016.
The average size of a house on ARCHER CLOSE is 111 sq meters (1,198 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Archer Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Duncan Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Mitchell Drive |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mitchell Drive |