Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
View Complete Sale History
See detailed transaction records and historical sale data for this property from HM Land Registry.
Property Characteristics
48 UNDERWOOD DRIVE is a semi detached house in LEICESTER, LEICESTERSHIRE.
First sale date of 1996 suggests this property has been part of the LE9 4TA market for 29 years.
Transaction History
First recorded sale was in 1996 at £41,500, with 4 total transactions recorded over the property's history.
Latest sale occurred on 28 June 2021 for £250,000, representing a 78.6% increase from the previous sale in 2011.
Over 29 years of ownership history, this property has seen 4 ownership changes, averaging approximately 7.3 years between sales.
Since last selling in 2021, the property's estimated value has grown by approximately £133,371, representing a 10% annual growth rate over 4.5 years.
Market Position
Ranks as the 5th most expensive property in LE9 4TA based on latest sale prices, placing it in the top 22% of properties in the postcode.
Priced 43.5% above the LE9 4TA average of £174,222 for all property types.
Current estimated value ranges from £345,034 to £421,708, with a central estimate of £383,371 based on market growth trends.
Comparative Market Analysis
UNDERWOOD DRIVE has 23 recorded properties with an average sale price of £174,222. This property is 43.5% above the street average.
Across all property types in LE9 4TA, 2 properties have sold over the past 12 months at an average of £272,500.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £383,371 | 53.3% | - |
| 28/06/2021 | £250,000 | +78.6% | semi detached house |
| 01/09/2011 | £140,000 | +16.7% | semi detached house |
| 29/07/2004 | £120,000 | +189.2% | semi detached house |
| 07/06/1996 | £41,500 | - | semi detached house |
Price History
Market Statistics - LE9 4TA
Property Types
Similar Properties in LE9 4TA
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .