This estimated value is based upon the latest sale price for the house of £580,000 on 4 Feb 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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|£580,000||4 Feb 2016|
|£475,000||8 Dec 2006|
|£190,000||9 Jul 1996|
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 February 2016 the House Price Index for LEICESTERSHIRE was 108.9.The House Price Index as of 1 May 2022 is 148.5 which is a change of 36.412%.
Applying this 36.412% change to the original purchase price of £580,000 results in an estimated price of approximately £791,189.
|4 Feb 2016||1 May 2022||% change||Purchase Price||Gain / Loss||Estimated Price|
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||30.834 %||£178,836||£758,836|
|3 Month Average||43.365 %||£251,514||£831,514|
|6 Month Average||25.581 %||£148,372||£728,372|
|Date||Current Estimated Value||Price Paid||Address|
|5 Apr 2022||£399,222||£395,000||6 BURTON CLOSE|
|15 Oct 2021||£372,131||£346,800||10 ST JOHNS BUSINESS PARK|
|29 Sep 2021||£393,570||£372,000||8 FOXFIELD CLOSE|
|11 Dec 2020||£229,369||£200,000||4 MARYLEBONE DRIVE|
|2 Sep 2020||£281,197||£237,000||16 RYE HILL AVENUE|
|Apr 2022||Public order||Investigation complete; no suspect identified||On or near Lutterworth Road|
|Mar 2022||Drugs||Local resolution||On or near Lutterworth Road|
|Mar 2022||Violence and sexual offences||Unable to prosecute suspect||On or near Lutterworth Road|
|Mar 2022||Violence and sexual offences||Unable to prosecute suspect||On or near Chapel Lane|
|May 2022||Criminal damage and arson||Investigation complete; no suspect identified||On or near Frank'S Lane|
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