£256,392
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 24 Oct 2014 |
£150,000 | 29 Jul 2005 |
£94,000 | 17 Jul 2002 |
£48,000 | 15 Aug 1997 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 October 2014 the House Price Index for LEICESTERSHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £170,000 results in an estimated price of approximately £256,392.
24 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £170,000 | £86,392 | £256,392 |
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 | 101.665 % | £172,829 | £342,829 |
3 Month Average | 38.510 % | £65,466 | £235,466 |
6 Month Average | 47.109 % | £80,085 | £250,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £375,773 | £370,000 | 6 STUART ROAD |
15 Dec 2023 | £266,695 | £258,500 | 6 CROSS STREET |
1 Jun 2023 | £234,703 | £230,000 | 50 PATRICK STREET |
5 Apr 2023 | £208,907 | £205,000 | 2 CROSS STREET |
27 Mar 2023 | £366,114 | £360,000 | 31 NITHSDALE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 19 May 2014. Using an estimated price of £256,392 means this house is valued at £2,981 per sq meter (£276 per sq foot).
The average size of a house on NEWCOMBE STREET is 109 sq meters (1,173 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Patrick Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Patrick Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Patrick Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Street |
Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Granville Street |