£417,378
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Dec 2007. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 14 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 December 2007 the House Price Index for LEICESTERSHIRE was 95.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 54.585%.Applying this 54.585% change to the original purchase price of £270,000 results in an estimated price of approximately £417,378.
| 14 Dec 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.0 | 54.585 % | £270,000 | £147,378 | £417,378 |
The Postcode Pricing Model uses changes in average sales price within the LE13 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 | 38.980 % | £105,245 | £375,245 |
| 3 Month Average | 30.591 % | £82,595 | £352,595 |
| 6 Month Average | 45.157 % | £121,922 | £391,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £277,626 | £275,000 | 44 KIPLING DRIVE |
| 4 Jan 2023 | £198,259 | £200,000 | 18 SHAKESPEARE GARDENS |
| 9 Sep 2022 | £484,112 | £490,000 | 14 SHAKESPEARE GARDENS |
| 4 Aug 2022 | £432,081 | £435,000 | 4 KIPLING DRIVE |
| 9 Jun 2022 | £292,969 | £290,000 | 1 AUSTEN DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 30 Apr 2018. Using an estimated price of £417,378 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on NOTTINGHAM ROAD is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Austen Drive |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Austen Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Austen Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Austen Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orwell Close |