£245,448
This estimated value is based upon the latest sale price for the house of £195,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £195,000 | 2 Feb 2018 |
| £55,000 | 27 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 February 2018 the House Price Index for LEICESTERSHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £195,000 results in an estimated price of approximately £245,448.
| 2 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £195,000 | £50,448 | £245,448 |
The Postcode Pricing Model uses changes in average sales price within the LE67 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 | 83.382 % | £162,594 | £357,594 |
| 3 Month Average | 25.645 % | £50,007 | £245,007 |
| 6 Month Average | 19.900 % | £38,804 | £233,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £182,809 | £180,000 | 10 PENISTONE STREET |
| 14 Mar 2024 | £108,670 | £107,000 | 267 MELBOURNE ROAD |
| 18 Dec 2023 | £257,926 | £250,000 | 8 ALBERT STREET |
| 22 Sep 2023 | £291,424 | £285,000 | 8 ARGYLE STREET |
| 24 Oct 2022 | £217,274 | £218,000 | 21 ELIZABETH AVENUE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 23 Jan 2017. Using an estimated price of £245,448 means this house is valued at £1,859 per sq meter (£172 per sq foot).
The average size of a house on PENISTONE STREET is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Penistone Street |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Elizabeth Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albert Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Chandlers Croft |