7, MORCOM DRIVE, LEICESTER, LE2 8BU - £479,750

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.

7 MORCOM DRIVE is a detached house, which could now be worth an estimated £497,638. It was last sold for £479,750 in April 2022, which was around 28% above the average April 2022 detached price in the Leicester local authority area.

7 MORCOM DRIVE Sold Prices

Land registry data shows one sale for 7 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
2022 13 APR	£479,750	£373,669	28% above HPI

What might 7 MORCOM DRIVE be worth now?

7 MORCOM DRIVE might now be worth an estimated £497,638.

This is based on house price inflation of 3.7%, between April 2022 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 3.7% inflationary increase is applied to the most recent sale price for 7 MORCOM DRIVE of £479,750 on 13th April 2022. For the value to have increased from £479,750 to £497,638 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 7 MORCOM DRIVE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The April 2022 sale price of £479,750 represented a fair market value for the property.
• The size, condition, and specification of 7 MORCOM DRIVE has not materially changed since April 2022.

Where is 7 MORCOM DRIVE?

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