£249,245
This estimated value is based upon the latest sale price for the house of £197,500 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £197,500 | 24 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 October 2017 the House Price Index for LEICESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £197,500 results in an estimated price of approximately £249,245.
| 24 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £197,500 | £51,745 | £249,245 |
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 | 15.222 % | £30,062 | £227,562 |
| 3 Month Average | 36.438 % | £71,965 | £269,465 |
| 6 Month Average | 38.772 % | £76,575 | £274,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £526,735 | £520,000 | 19 TENNIS COURT DRIVE |
| 24 Aug 2023 | £438,839 | £435,000 | 13 GREENLAND DRIVE |
| 22 Mar 2023 | £429,042 | £425,000 | 18 GREENLAND DRIVE |
| 3 Feb 2023 | £334,775 | £335,000 | 33 HUMBERSTONE DRIVE |
| 3 May 2022 | £270,089 | £265,000 | 182 HUMBERSTONE DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Sep 2021. Using an estimated price of £249,245 means this house is valued at £2,898 per sq meter (£269 per sq foot).
The average size of a house on NORTH DRIVE is 133 sq meters (1,433 sq feet).
This house is the smallest in the street with a floor area of 86 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near West Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near West Drive |
| Jan 2024 | Robbery | Unable to prosecute suspect | On or near West Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near West Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Greenland Drive |