£198,991
This estimated value is based upon the latest sale price for the house of £145,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£145,000 | 8 Jan 2016 |
£118,000 | 14 Aug 2015 |
£98,000 | 9 Jul 2012 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in January 2016 the House Price Index for LEICESTER was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £145,000 results in an estimated price of approximately £198,991.
8 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £145,000 | £53,991 | £198,991 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 48.423 % | £70,213 | £215,213 |
3 Month Average | 48.691 % | £70,602 | £215,602 |
6 Month Average | 58.170 % | £84,345 | £229,345 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £350,000 | £350,000 | 48 SCRAPTOFT LANE |
21 Jul 2023 | £912 | £900 | FLAT 7 LAMBERT COURT, 240 UPPINGHAM ROAD |
21 Mar 2023 | £121,141 | £120,000 | FLAT 4 LAMBERT COURT, 240 UPPINGHAM ROAD |
7 Jun 2022 | £568,027 | £560,000 | 347 UPPINGHAM ROAD |
28 Jun 2021 | £531,098 | £495,000 | 335 UPPINGHAM ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 2 Mar 2015. Using an estimated price of £198,991 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on SCRAPTOFT MEWS is 118 sq meters (1,275 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
Feb 2024 | Shoplifting | Local resolution | On or near Petrol Station |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
Jan 2024 | Other crime | Action to be taken by another organisation | On or near Petrol Station |
Mar 2024 | Anti-social behaviour | On or near Noray Close |