£221,753
This estimated value is based upon the latest sale price for the house of £71,000 on 25 Jan 2002. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £71,000 | 25 Jan 2002 |
| £24,000 | 15 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2002 the House Price Index for LEICESTER was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £71,000 results in an estimated price of approximately £221,753.
| 25 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.6 | 212.329 % | £71,000 | £150,753 | £221,753 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 312.490 % | £221,867 | £292,867 |
| 3 Month Average | 228.392 % | £162,158 | £233,158 |
| 6 Month Average | 243.802 % | £173,099 | £244,099 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £375,000 | £375,000 | 54 MELBOURNE STREET |
| 10 Aug 2023 | £221,942 | £220,000 | 6 HOLLAND ROAD |
| 5 Jun 2023 | £222,698 | £220,000 | 43 CECIL ROAD |
| 24 Feb 2023 | £299,798 | £300,000 | 48 UPPER CHARNWOOD STREET |
| 25 Jan 2022 | £263,102 | £250,000 | 46 MAYNARD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Nov 2021. Using an estimated price of £221,754 means this house is valued at £3,519 per sq meter (£327 per sq foot).
The average size of a house on MAYNARD ROAD is 87 sq meters (942 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Cecil Road |
| Jan 2024 | Drugs | Local resolution | On or near Cecil Road |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Melbourne Street |
| Apr 2024 | Anti-social behaviour | On or near Melbourne Street | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Street |