£238,043
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Sep 2023. 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 Spencer Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 22 Sep 2023 |
| £140,000 | 24 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 September 2023 the House Price Index for LEICESTERSHIRE was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £235,000 results in an estimated price of approximately £238,043.
| 22 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £235,000 | £3,043 | £238,043 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 41.908 % | £98,483 | £333,483 |
| 3 Month Average | -21.858 % | £-51,365 | £183,634 |
| 6 Month Average | -20.286 % | £-47,671 | £187,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £189,312 | £186,000 | 32 NEW STREET |
| 10 Nov 2023 | £197,930 | £195,000 | 44 SPENCER ROAD |
| 25 Sep 2023 | £253,238 | £250,000 | 23 GOSCOTE DRIVE |
| 22 Sep 2023 | £238,044 | £235,000 | 25 SPENCER ROAD |
| 4 Jul 2023 | £235,165 | £232,000 | 37 NEW STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 2 Jan 2014. Using an estimated price of £238,044 means this house is valued at £3,400 per sq meter (£315 per sq foot).
The average size of a house on SPENCER ROAD is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Spencer Road |
| Jan 2024 | Robbery | Under investigation | On or near Spencer Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Spencer Road |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Spencer Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spencer Road |