£409,537
This estimated value is based upon the latest sale price for the house of £237,000 on 26 Jul 2011. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £237,000 | 26 Jul 2011 |
| £196,950 | 22 Aug 2003 |
| 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 July 2011 the House Price Index for LEICESTERSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £237,000 results in an estimated price of approximately £409,537.
| 26 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £237,000 | £172,537 | £409,537 |
The Postcode Pricing Model uses changes in average sales price within the LE9 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 | -3.973 % | £-9,416 | £227,583 |
| 3 Month Average | 24.210 % | £57,378 | £294,378 |
| 6 Month Average | 56.348 % | £133,544 | £370,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £302,648 | £300,000 | 27 CROMFORD WAY |
| 23 Jun 2023 | £293,556 | £290,000 | 19 CROMFORD WAY |
| 15 Apr 2021 | £224,707 | £199,000 | 41 CROMFORD WAY |
| 25 Sep 2020 | £401,335 | £338,000 | 16 CHANDLER WAY |
| 27 Aug 2020 | £384,900 | £321,000 | 13 BROCTONE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromford Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cromford Way |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Manton Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Manton Close |
| Jan 2024 | Anti-social behaviour | On or near Cottage Lane |