£158,629
This estimated value is based upon the latest sale price for the house of £45,000 on 16 Mar 2001. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 16 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 March 2001 the House Price Index for LEICESTERSHIRE was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £45,000 results in an estimated price of approximately £158,629.
| 16 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £45,000 | £113,629 | £158,629 |
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 | 346.993 % | £156,146 | £201,146 |
| 3 Month Average | 204.989 % | £92,245 | £137,245 |
| 6 Month Average | 220.711 % | £99,319 | £144,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £190,865 | £185,000 | 2 MEADOW STREET |
| 31 Oct 2023 | £255,810 | £250,000 | 14 ORCHARD STREET |
| 7 Aug 2023 | £160,902 | £158,000 | 15 KINGS HEAD PLACE |
| 21 Jun 2023 | £193,885 | £190,000 | 34 HEYGATE STREET |
| 25 Apr 2023 | £251,708 | £247,000 | 41 HEYGATE STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 7 Nov 2017. Using an estimated price of £158,630 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on KINGS ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Ashfield Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Doddridge Road |
| Apr 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Doddridge Road |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Roman Way |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Roman Way |