£243,644
This estimated value is based upon the latest sale price for the house of £195,000 on 9 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £195,000 | 9 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for LEICESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £195,000 results in an estimated price of approximately £243,644.
| 9 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £195,000 | £48,644 | £243,644 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 10.705 % | £20,875 | £215,875 |
| 3 Month Average | 15.446 % | £30,119 | £225,119 |
| 6 Month Average | 26.214 % | £51,117 | £246,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £265,393 | £262,000 | 15 HOLLYBUSH CLOSE |
| 15 Sep 2023 | £314,015 | £310,000 | 19A NURSERY ROAD |
| 1 Sep 2023 | £278,562 | £275,000 | 11 HARLESTON CLOSE |
| 26 Aug 2022 | £354,546 | £355,500 | 279 SCRAPTOFT LANE |
| 22 Apr 2022 | £198,751 | £193,000 | 1 WEAVER ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Sep 2017. Using an estimated price of £243,645 means this house is valued at £2,971 per sq meter (£276 per sq foot).
The average size of a house on WEAVER ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Weaver Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Weaver Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Weaver Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weaver Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Weaver Road |