£474,402
This estimated value is based upon the latest sale price for the house of £380,000 on 25 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £380,000 | 25 Jul 2018 |
| £113,000 | 5 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 July 2018 the House Price Index for LEICESTERSHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £380,000 results in an estimated price of approximately £474,402.
| 25 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £380,000 | £94,402 | £474,402 |
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 | 62.610 % | £237,918 | £617,918 |
| 3 Month Average | -0.653 % | £-2,479 | £377,520 |
| 6 Month Average | 15.807 % | £60,066 | £440,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £379,151 | £367,500 | WHARF HOUSE THE WHARF |
| 31 Mar 2023 | £427,133 | £420,000 | WHARFINGER HOUSE THE WHARF |
| 21 Feb 2023 | £528,531 | £525,000 | 14 HILLCREST AVENUE |
| 19 Nov 2021 | £403,122 | £370,000 | FLAT 3 THE WAREHOUSE UNION WHARF |
| 2 Nov 2021 | £522,969 | £480,000 | THE TOWER UNION WHARF |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 19 Feb 2018. Using an estimated price of £474,403 means this house is valued at £3,649 per sq meter (£339 per sq foot).
The average size of a house on HILLCREST AVENUE is 189 sq meters (2,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Hillcrest Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Hillcrest Avenue | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Leicester Road |
| Jun 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Leicester Road |
| Jun 2024 | Public order | Formal action is not in the public interest | On or near Leicester Road |