£534,477
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Aug 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
There has been one burglary within the last year on or near Timson Close
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Price Paid | Date |
---|---|
£160,000 | 22 Aug 2001 |
Detached |
Freehold |
Floor Area: 149 sq meters or 1,603 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 August 2001 the House Price Index for LEICESTERSHIRE was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £160,000 results in an estimated price of approximately £534,477.
22 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 149.7 | 234.049 % | £160,000 | £374,477 | £534,477 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 339.983 % | £543,972 | £703,972 |
3 Month Average | 203.188 % | £325,100 | £485,100 |
6 Month Average | 221.479 % | £354,366 | £514,366 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Feb 2022 | £479,632 | £454,000 | 4 VICTORIA AVENUE |
20 Dec 2021 | £404,740 | £375,000 | 25 VICTORIA AVENUE |
8 Oct 2021 | £345,547 | £310,000 | 38 VICTORIA AVENUE |
22 Jun 2021 | £2,702,166 | £2,500,000 | OAT HILL MEWS LEICESTER ROAD |
18 Nov 2020 | £607,326 | £520,000 | BIRCH HOUSE, 7 BIRTLEY COPPICE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 20 Nov 2014. Using an estimated price of £534,478 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on VICTORIA AVENUE is 119 sq meters (1,282 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near Timson Close |
Jul 2024 | Violence and sexual offences | Local resolution | On or near Leicester Road |
Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Leicester Road |
Jun 2024 | Public order | Formal action is not in the public interest | On or near Leicester Road |
Jun 2024 | Public order | Formal action is not in the public interest | On or near Leicester Road |