£172,988
This estimated value is based upon the latest sale price for the house of £72,500 on 2 May 2003. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£72,500 | 2 May 2003 |
£42,000 | 26 Feb 2002 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 May 2003 the House Price Index for LEICESTERSHIRE was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £72,500 results in an estimated price of approximately £172,988.
2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.7 | 149.7 | 138.605 % | £72,500 | £100,488 | £172,988 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 121.246 % | £87,903 | £160,403 |
3 Month Average | 103.910 % | £75,334 | £147,834 |
6 Month Average | 117.336 % | £85,068 | £157,568 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £235,000 | £235,000 | 7 DOVE ROAD |
8 Mar 2024 | £172,653 | £170,000 | 72 WATERWORKS ROAD |
20 Dec 2023 | £128,963 | £125,000 | 14 WATERWORKS ROAD |
24 Nov 2023 | £199,053 | £194,000 | 48 WATERWORKS ROAD |
22 Sep 2023 | £164,629 | £161,000 | 43 WATERWORKS ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Mar 2015. Using an estimated price of £172,989 means this house is valued at £1,820 per sq meter (£169 per sq foot).
The average size of a house on WATERWORKS ROAD is 79 sq meters (852 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Waterworks Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterworks Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterworks Road |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Headingley Close |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Daisy Close |