5, MORCOM DRIVE, LEICESTER, LE2 8BU - £524,750

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MORCOM DRIVE is a detached house, which could now be worth an estimated £605,855. It was last sold for £524,750 in June 2021, which was around 56% above the average June 2021 detached price in the Leicester local authority area.

5 MORCOM DRIVE Sold Prices

Land registry data shows one sale for 5 MORCOM DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Leicester local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 JUN	£524,750	£335,714	56% above HPI

What might 5 MORCOM DRIVE be worth now?

5 MORCOM DRIVE might now be worth an estimated £605,855.

This is based on house price inflation of 15.5%, between June 2021 and May 2026, for detached houses, in the Leicester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.5% inflationary increase is applied to the most recent sale price for 5 MORCOM DRIVE of £524,750 on 25th June 2021. For the value to have increased from £524,750 to £605,855 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 5 MORCOM DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The June 2021 sale price of £524,750 represented a fair market value for the property.
• The size, condition, and specification of 5 MORCOM DRIVE has not materially changed since June 2021.

Where is 5 MORCOM DRIVE?

5 MORCOM DRIVE is located in LEICESTER, in the LE2 postcode district.