£836,826
This estimated value is based upon the latest sale price for the house of £825,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for LEICESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £825,000 | 17 Jun 2022 |
| £405,000 | 21 Nov 2007 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 June 2022 the House Price Index for LEICESTERSHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £825,000 results in an estimated price of approximately £836,826.
| 17 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.6 | 1.433 % | £825,000 | £11,826 | £836,826 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 16.321 % | £134,648 | £959,648 |
| 3 Month Average | 11.392 % | £93,983 | £918,983 |
| 6 Month Average | 9.456 % | £78,010 | £903,010 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £248,173 | £245,000 | 448 LONDON ROAD |
| 29 Jun 2023 | £133,619 | £132,000 | FLAT 5 BRAIDS COURT, 502 LONDON ROAD |
| 7 Jun 2023 | £89,585 | £88,500 | FLAT 4 MORLAND HOUSE, 1 MORLAND AVENUE |
| 18 Nov 2022 | £66,692 | £67,500 | FLAT 3 MORLAND HOUSE, 1 MORLAND AVENUE |
| 20 Jun 2022 | £405,734 | £400,000 | 431 LONDON ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 29 Nov 2021. Using an estimated price of £836,826 means this house is valued at £4,269 per sq meter (£396 per sq foot).
There is one other house on the street which we know the size of, this is 2 GLEBE CLOSE it is 231.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grenfell Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grenfell Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leicester Road |
| Jan 2024 | Public order | Under investigation | On or near Leicester Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leicester Road |