£271,553
This estimated value is based upon the latest sale price for the house of £252,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £252,000 | 30 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 September 2021 the House Price Index for LEICESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £252,000 results in an estimated price of approximately £271,553.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £252,000 | £19,553 | £271,553 |
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 | -8.972 % | £-22,609 | £229,390 |
| 3 Month Average | 1.844 % | £4,647 | £256,647 |
| 6 Month Average | 0.933 % | £2,351 | £254,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £205,000 | £205,000 | 27 BONSALL STREET |
| 8 Dec 2023 | £337,912 | £332,000 | 174 MERE ROAD |
| 28 Jul 2023 | £258,479 | £255,000 | 22 BONSALL STREET |
| 6 Apr 2022 | £128,725 | £125,000 | 192 MERE ROAD |
| 1 Apr 2022 | £216,258 | £210,000 | 40 DRONFIELD STREET |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 8 May 2013. Using an estimated price of £271,553 means this house is valued at £1,953 per sq meter (£181 per sq foot).
The average size of a house on MERE ROAD is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worthington Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Worthington Street |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Egginton Street |
| Mar 2024 | Anti-social behaviour | On or near Dronfield Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dronfield Street |