£574,377
This estimated value is based upon the latest sale price for the house of £490,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 11 Sep 2020 |
| £278,000 | 14 Aug 2003 |
| £185,000 | 29 Mar 2000 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 September 2020 the House Price Index for LEICESTERSHIRE was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £490,000 results in an estimated price of approximately £574,377.
| 11 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £490,000 | £84,377 | £574,377 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 15.284 % | £74,889 | £564,889 |
| 3 Month Average | 7.015 % | £34,375 | £524,375 |
| 6 Month Average | 11.673 % | £57,196 | £547,196 |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 30 Jun 2020.
The average size of a house on MONROE CLOSE is 168 sq meters (1,814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Alvington Way |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Bates Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bates Close |
| Mar 2024 | Drugs | Under investigation | On or near Timson Close |