£254,017
This estimated value is based upon the latest sale price for the house of £200,000 on 31 Aug 2017. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £200,000 | 31 Aug 2017 |
| £130,000 | 16 Apr 2004 |
| £95,000 | 29 May 2003 |
| Freehold |
| Floor Area: 73 sq meters or 785 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTERSHIRE to estimate the market value.
When this house was purchased in August 2017 the House Price Index for LEICESTERSHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £200,000 results in an estimated price of approximately £254,017.
| 31 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £200,000 | £54,017 | £254,017 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 4.101 % | £8,202 | £208,202 |
| 3 Month Average | 18.488 % | £36,975 | £236,975 |
| 6 Month Average | 25.599 % | £51,197 | £251,197 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £303,885 | £300,000 | 38 CLARKE STREET |
| 30 Mar 2023 | £237,235 | £235,000 | 7 SPENCER STREET |
| 21 Sep 2022 | £193,438 | £195,000 | 17 STEVENS STREET |
| 1 Jul 2022 | £280,756 | £280,000 | 4 HARCOURT STREET |
| 8 Apr 2022 | £283,195 | £275,000 | 6 AUSTINS CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Jan 2015. Using an estimated price of £254,018 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on SPENCER STREET is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Stevens Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Street |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Highfield Street |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Highfield Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Highfield Street |