9, ELDER CLOSE, LEICESTER, LE3 9QY - £270,000

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.

9 ELDER CLOSE is a detached house, which could now be worth an estimated £537,592. It was last sold for £270,000 in May 2005, which was around 39% above the average May 2005 detached price in the Leicester local authority area.

9 ELDER CLOSE Sold Prices

Land registry data shows two sales for 9 ELDER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Leicester local authority area for the corresponding sale date. Both of the two 9 ELDER CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 27 MAY	£270,000	£194,669	39% above HPI
2002 28 JUN	£185,000	£123,558	50% above HPI

What might 9 ELDER CLOSE be worth now?

9 ELDER CLOSE might now be worth an estimated £537,592.

This is based on house price inflation of 99.1%, between May 2005 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 99.1% inflationary increase is applied to the most recent sale price for 9 ELDER CLOSE of £270,000 on 27th May 2005. For the value to have increased from £270,000 to £537,592 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 9 ELDER CLOSE has moved in line with the HPI for detached houses in the Leicester local authority area.
• The May 2005 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ELDER CLOSE has not materially changed since May 2005.

Where is 9 ELDER CLOSE?

9 ELDER CLOSE is located in LEICESTER, in the LE3 postcode district.