£163,486
This estimated value is based upon the latest sale price for the house of £92,000 on 24 Feb 2006. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £92,000 | 24 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 February 2006 the House Price Index for LEICESTER was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £92,000 results in an estimated price of approximately £163,486.
| 24 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £92,000 | £71,486 | £163,486 |
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 | 95.393 % | £87,761 | £179,761 |
| 3 Month Average | 68.082 % | £62,635 | £154,635 |
| 6 Month Average | 76.372 % | £70,261 | £162,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £181,589 | £180,000 | 37 CHANDOS STREET |
| 25 Jul 2023 | £263,547 | £260,000 | 79 CHANDOS STREET |
| 15 Nov 2022 | £176,502 | £178,640 | 4 ST STEPHENS ROAD |
| 10 Sep 2021 | £210,131 | £195,000 | 87 EARL HOWE STREET |
| 14 Feb 2020 | £304,037 | £248,500 | 12 SUTHERLAND STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 Mar 2016. Using an estimated price of £163,487 means this house is valued at £2,724 per sq meter (£253 per sq foot).
The average size of a house on SUTHERLAND STREET is 99 sq meters (1,070 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).