£2,367,040
This estimated value is based upon the latest sale price for the house of £1,930,000 on 20 Nov 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £1,930,000 | 20 Nov 2019 |
| Leasehold |
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 November 2019 the House Price Index for LEICESTERSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £1,930,000 results in an estimated price of approximately £2,367,040.
| 20 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £1,930,000 | £437,040 | £2,367,040 |
The Postcode Pricing Model uses changes in average sales price within the LE19 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 | 4.264 % | £82,300 | £2,012,300 |
| 3 Month Average | -21.916 % | £-422,983 | £1,507,016 |
| 6 Month Average | 11.881 % | £229,297 | £2,159,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £561,830 | £552,000 | 5 GROVE COURT |
| 16 Nov 2023 | £2,090,956 | £2,060,000 | RIVERMEAD HOUSE, 7 LEWIS COURT |
| 31 Jul 2023 | £1,378,554 | £1,360,000 | UNIT 24B CENTURION WAY |
| 26 Jul 2023 | £255,438 | £252,000 | 109 LUBBESTHORPE ROAD |
| 20 Jul 2023 | £3,547,749 | £3,500,000 | 3 PENMAN WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Meridien West |
| Mar 2024 | Drugs | Local resolution | On or near Meridien West |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Meridien West |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Meridien West |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meridien West |