£761,401
This estimated value is based upon the latest sale price for the house of £625,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £625,000 | 1 May 2020 |
| £570,000 | 3 Feb 2017 |
| 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 May 2020 the House Price Index for LEICESTERSHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £625,000 results in an estimated price of approximately £761,401.
| 1 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £625,000 | £136,401 | £761,401 |
The Postcode Pricing Model uses changes in average sales price within the LE15 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 | 4.438 % | £27,738 | £652,738 |
| 3 Month Average | 23.111 % | £144,443 | £769,443 |
| 6 Month Average | 23.134 % | £144,586 | £769,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £229,339 | £225,000 | 33 SOMERBY ROAD |
| 17 Nov 2023 | £501,437 | £495,000 | 3 SOMERBY ROAD |
| 24 Mar 2023 | £427,310 | £425,000 | 1 OAKHAM ROAD |
| 1 Feb 2023 | £632,011 | £635,000 | THE LAURELS, 27 SOMERBY ROAD |
| 2 Nov 2022 | £196,809 | £200,000 | CAPALL BARN LAUNDE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Owston Wood Road |
| Feb 2024 | Public order | Under investigation | On or near The Wisp |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Braunston Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Owston Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Newbold Road |