£420,036
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Oct 2019. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £340,000 | 11 Oct 2019 |
| 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 October 2019 the House Price Index for LEICESTERSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £340,000 results in an estimated price of approximately £420,036.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £340,000 | £80,036 | £420,036 |
The Postcode Pricing Model uses changes in average sales price within the LE14 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 | -2.458 % | £-8,358 | £331,641 |
| 3 Month Average | 13.265 % | £45,099 | £385,099 |
| 6 Month Average | 11.919 % | £40,522 | £380,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £460,143 | £450,000 | 2 - 4 NURSES LANE |
| 10 Mar 2023 | £203,397 | £200,000 | PALMATE COTTAGE, 7 BURSNELLS LANE |
| 24 Feb 2023 | £462,087 | £459,000 | 16 BUTT LANE |
| 30 Jan 2023 | £526,407 | £525,000 | 12 BUTT LANE |
| 28 Oct 2022 | £573,086 | £575,000 | 14 BUTT LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Meadows Rise |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Edmondthorpe Drift |
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Woodwell Head Lane |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Coston Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coston Road |