£436,848
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £320,000 | 5 Feb 2016 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 38 sq meters or 417 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 2016 the House Price Index for LEICESTER was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £320,000 results in an estimated price of approximately £436,848.
| 5 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £320,000 | £116,848 | £436,848 |
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 | 44.357 % | £141,942 | £461,942 |
| 3 Month Average | 47.642 % | £152,453 | £472,453 |
| 6 Month Average | 46.632 % | £149,223 | £469,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £634,392 | £625,000 | 1 SPRINGFIELD ROAD |
| 28 Apr 2023 | £884,524 | £875,000 | 5 SPRINGFIELD ROAD |
| 31 Mar 2023 | £736,943 | £730,000 | 3 BURLINGTON ROAD |
| 24 Feb 2023 | £142,904 | £143,000 | FLAT 1 46 SPRINGFIELD ROAD |
| 27 Jan 2023 | £342,387 | £344,000 | 89 AVENUE ROAD |
This house has a floor area of 38 sq meters or 417 sq feet when measured on 22 Dec 2008. Using an estimated price of £436,849 means this house is valued at £11,253 per sq meter (£1,045 per sq foot).
The average size of a house on AVENUE ROAD is 89 sq meters (966 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Burlington Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Avenue Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Cross Road |
| Mar 2024 | Drugs | Under investigation | On or near Cross Road |