£264,886
This estimated value is based upon the latest sale price for the house of £261,500 on 1 Sep 2023. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£261,500 | 1 Sep 2023 |
£233,000 | 2 Nov 2015 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 £261,500 results in an estimated price of approximately £264,886.
1 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 148.6 | 1.295 % | £261,500 | £3,386 | £264,886 |
The Postcode Pricing Model uses changes in average sales price within the LE16 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 | 8.595 % | £22,476 | £283,976 |
3 Month Average | -13.120 % | £-34,308 | £227,191 |
6 Month Average | -1.388 % | £-3,628 | £257,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £264,887 | £261,500 | 3 PATRICK STREET |
1 Aug 2023 | £216,897 | £215,000 | 32 GRANVILLE STREET |
7 Jul 2023 | £248,342 | £245,000 | 37 GLADSTONE STREET |
1 Jun 2023 | £232,820 | £230,000 | 50 PATRICK STREET |
10 Mar 2023 | £237,235 | £235,000 | 6 GLADSTONE STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Sep 2015. Using an estimated price of £264,887 means this house is valued at £2,522 per sq meter (£234 per sq foot).
The average size of a house on PATRICK STREET is 97 sq meters (1,052 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Patrick Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Street |
Apr 2024 | Theft from the person | Under investigation | On or near Gladstone Street |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Gladstone Street |