£505,833
This estimated value is based upon the latest sale price for the house of £208,500 on 6 Mar 2003. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £208,500 | 6 Mar 2003 |
| £107,500 | 20 Jun 1997 |
| £87,500 | 21 Jul 1995 |
| Detached |
| 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 March 2003 the House Price Index for LEICESTERSHIRE was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £208,500 results in an estimated price of approximately £505,833.
| 6 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £208,500 | £297,333 | £505,833 |
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 | 149.982 % | £312,711 | £521,211 |
| 3 Month Average | 71.617 % | £149,322 | £357,822 |
| 6 Month Average | 81.676 % | £170,293 | £378,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £232,030 | £230,000 | SUNNYSIDE FROLESWORTH LANE |
| 17 Jul 2023 | £243,274 | £240,000 | PHOENIX COTTAGE FROLESWORTH LANE |
| 17 Feb 2023 | £314,788 | £315,000 | 2 BELLVIEW COURT MAIN ROAD |
| 29 Jul 2022 | £280,756 | £280,000 | THE BUTTERCUP MAIN ROAD |
| 18 Jul 2022 | £661,781 | £660,000 | ASHBY HOUSE, 4 LAUREL FIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near The Paddock | |
| Feb 2024 | Anti-social behaviour | On or near The Paddock | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Paddock |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodland Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Back Lane |