£111,223
This estimated value is based upon the latest sale price for the house of £24,000 on 13 Nov 1998. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£24,000 | 13 Nov 1998 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 November 1998 the House Price Index for LEICESTER was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £24,000 results in an estimated price of approximately £111,223.
13 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 148.6 | 363.431 % | £24,000 | £87,223 | £111,223 |
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 | 401.118 % | £96,268 | £120,268 |
3 Month Average | 340.283 % | £81,667 | £105,667 |
6 Month Average | 365.878 % | £87,810 | £111,810 |
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 84 sq meters or 904 sq feet when measured on 15 Sep 2013. Using an estimated price of £111,223 means this house is valued at £1,324 per sq meter (£123 per sq foot).
The average size of a house on MAYNARD ROAD is 87 sq meters (942 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 | Anti-social behaviour | On or near Melbourne Street | |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Melbourne Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Melbourne Street |