£339,234
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 7 Dec 2018 |
| £182,000 | 14 Feb 2014 |
| £136,500 | 26 Nov 2004 |
| £61,500 | 6 Aug 1999 |
| £43,000 | 2 Aug 1996 |
| £44,000 | 27 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 December 2018 the House Price Index for LEICESTERSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £275,000 results in an estimated price of approximately £339,234.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £275,000 | £64,234 | £339,234 |
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 | -1.084 % | £-2,980 | £272,019 |
| 3 Month Average | 12.270 % | £33,742 | £308,742 |
| 6 Month Average | 15.727 % | £43,248 | £318,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £263,103 | £258,500 | 6 CROSS STREET |
| 30 Nov 2023 | £395,861 | £390,000 | 48 NITHSDALE AVENUE |
| 1 Jun 2023 | £232,820 | £230,000 | 50 PATRICK STREET |
| 5 Apr 2023 | £207,231 | £205,000 | 2 CROSS STREET |
| 27 Mar 2023 | £363,424 | £360,000 | 31 NITHSDALE AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 28 Oct 2013. Using an estimated price of £339,234 means this house is valued at £3,083 per sq meter (£286 per sq foot).
The average size of a house on PATRICK STREET is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Patrick Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nithsdale Avenue |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Nithsdale Avenue |