£1,093,370
This estimated value is based upon the latest sale price for the house of £625,000 on 10 Oct 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£625,000 | 10 Oct 2008 |
Detached |
Freehold |
Floor Area: 261 sq meters or 2,812 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 October 2008 the House Price Index for LEICESTER was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £625,000 results in an estimated price of approximately £1,093,370.
10 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 148.6 | 74.939 % | £625,000 | £468,370 | £1,093,370 |
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 | 89.448 % | £559,049 | £1,184,049 |
3 Month Average | 63.578 % | £397,362 | £1,022,362 |
6 Month Average | 65.628 % | £410,176 | £1,035,176 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £364,414 | £360,000 | 118 SOUTH KNIGHTON ROAD |
20 Jun 2022 | £461,522 | £455,000 | 72 ELMS ROAD |
28 Sep 2021 | £350,218 | £325,000 | 148 SOUTH KNIGHTON ROAD |
25 Jun 2021 | £504,274 | £470,000 | 4 RIDGWAY ROAD |
25 Feb 2021 | £530,147 | £467,000 | 37 SIDNEY ROAD |
This house has a floor area of 261 sq meters or 2,812 sq feet when measured on 18 Sep 2008. Using an estimated price of £1,093,370 means this house is valued at £4,184 per sq meter (£388 per sq foot).
The average size of a house on ELMS ROAD is 192 sq meters (2,074 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidney Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sidney Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sidney Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgway Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgway Road |