£248,852
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 8 Jan 2016 |
| £151,000 | 16 Mar 2007 |
| £38,000 | 2 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 January 2016 the House Price Index for LEICESTERSHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £180,000 results in an estimated price of approximately £248,852.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £180,000 | £68,852 | £248,852 |
The Postcode Pricing Model uses changes in average sales price within the LE17 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 | 29.951 % | £53,912 | £233,912 |
| 3 Month Average | 14.097 % | £25,374 | £205,374 |
| 6 Month Average | 20.035 % | £36,062 | £216,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £191,897 | £186,000 | 32 NEW STREET |
| 10 Nov 2023 | £200,079 | £195,000 | 44 SPENCER ROAD |
| 2 Oct 2023 | £204,648 | £200,000 | 37 CRESCENT ROAD |
| 25 Sep 2023 | £255,635 | £250,000 | 23 GOSCOTE DRIVE |
| 22 Sep 2023 | £240,297 | £235,000 | 25 SPENCER ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 13 Aug 2015. Using an estimated price of £248,852 means this house is valued at £2,108 per sq meter (£195 per sq foot).
The average size of a house on NEW STREET is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Street |
| May 2024 | Robbery | Unable to prosecute suspect | On or near New Street |
| May 2024 | Public order | Under investigation | On or near New Street |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Street |