£245,631
This estimated value is based upon the latest sale price for the house of £121,000 on 20 May 2004. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £121,000 | 20 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 May 2004 the House Price Index for LEICESTERSHIRE was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £121,000 results in an estimated price of approximately £245,631.
| 20 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £121,000 | £124,631 | £245,631 |
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 | 147.189 % | £178,098 | £299,098 |
| 3 Month Average | 75.839 % | £91,765 | £212,765 |
| 6 Month Average | 92.409 % | £111,814 | £232,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £306,762 | £300,000 | 38 CLARKE STREET |
| 30 Mar 2023 | £238,991 | £235,000 | 7 SPENCER STREET |
| 21 Sep 2022 | £194,870 | £195,000 | 17 STEVENS STREET |
| 1 Jul 2022 | £282,834 | £280,000 | 4 HARCOURT STREET |
| 8 Apr 2022 | £285,291 | £275,000 | 6 AUSTINS CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Dec 2015. Using an estimated price of £245,632 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on SPENCER STREET is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Highfield Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Highfield Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Street |
| Jul 2024 | Possession of weapons | Under investigation | On or near Norbury Close |