£408,990
This estimated value is based upon the latest sale price for the house of £390,000 on 18 Feb 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £390,000 | 18 Feb 2022 |
| £301,350 | 20 Nov 2015 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 February 2022 the House Price Index for LEICESTERSHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £390,000 results in an estimated price of approximately £408,990.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £390,000 | £18,990 | £408,990 |
The Postcode Pricing Model uses changes in average sales price within the LE10 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 | -9.157 % | £-35,712 | £354,287 |
| 3 Month Average | -8.597 % | £-33,529 | £356,470 |
| 6 Month Average | 1.047 % | £4,084 | £394,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £278,562 | £275,000 | 246 COVENTRY ROAD |
| 25 Aug 2023 | £176,544 | £175,000 | 64 JOHN NICHOLS STREET |
| 14 Apr 2023 | £212,286 | £210,000 | 1 JOHN NICHOLS STREET |
| 10 Feb 2023 | £114,923 | £115,000 | 47 KING GEORGES WAY |
| 1 Jul 2022 | £268,723 | £268,000 | 251 COVENTRY ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 30 Oct 2014. Using an estimated price of £408,991 means this house is valued at £3,146 per sq meter (£292 per sq foot).
The average size of a house on COVENTRY ROAD is 90 sq meters (974 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hays Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near John Nichols Street |
| Mar 2024 | Drugs | Under investigation | On or near John Nichols Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near John Nichols Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near John Nichols Street |