£193,762
This estimated value is based upon the latest sale price for the house of £123,500 on 2 Aug 2007. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £123,500 | 2 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2007 the House Price Index for LEICESTER was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £123,500 results in an estimated price of approximately £193,762.
| 2 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £123,500 | £70,262 | £193,762 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 49.090 % | £60,626 | £184,126 |
| 3 Month Average | 58.396 % | £72,119 | £195,619 |
| 6 Month Average | 70.713 % | £87,330 | £210,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £350,000 | £350,000 | 48 SCRAPTOFT LANE |
| 21 Jul 2023 | £912 | £900 | FLAT 7 LAMBERT COURT, 240 UPPINGHAM ROAD |
| 21 Mar 2023 | £121,141 | £120,000 | FLAT 4 LAMBERT COURT, 240 UPPINGHAM ROAD |
| 7 Jun 2022 | £568,027 | £560,000 | 347 UPPINGHAM ROAD |
| 28 Jun 2021 | £531,098 | £495,000 | 335 UPPINGHAM ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Jun 2021. Using an estimated price of £193,763 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on SCRAPTOFT MEWS is 118 sq meters (1,275 sq feet).
This house is the smallest in the street with a floor area of 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Feb 2024 | Shoplifting | Local resolution | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Other crime | Action to be taken by another organisation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Noray Close |