£232,621
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Jul 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 27 Jul 2022 |
| £156,500 | 26 Aug 2015 |
| £53,500 | 5 Jan 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2022 the House Price Index for LEICESTERSHIRE was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £235,000 results in an estimated price of approximately £232,621.
| 27 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £235,000 | £-2,378 | £232,621 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 33.117 % | £77,824 | £312,824 |
| 3 Month Average | 2.015 % | £4,734 | £239,734 |
| 6 Month Average | 4.809 % | £11,301 | £246,301 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 5 Jun 2015.
The average size of a house on MELBOURNE ROAD is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cantwell Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cantwell Close |
| Feb 2024 | Anti-social behaviour | On or near Melbourne Park | |
| Feb 2024 | Anti-social behaviour | On or near Melbourne Park | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawthorne Drive |