£86,159
This estimated value is based upon the latest sale price for the house of £23,500 on 30 Nov 2000. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £23,500 | 30 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 858 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in November 2000 the House Price Index for LEICESTER was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £23,500 results in an estimated price of approximately £86,159.
| 30 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 149.7 | 266.635 % | £23,500 | £62,659 | £86,159 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 280.077 % | £65,818 | £89,318 |
| 3 Month Average | 343.285 % | £80,672 | £104,172 |
| 6 Month Average | 309.541 % | £72,742 | £96,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £170,000 | £170,000 | 21 SAXON STREET |
| 19 Dec 2023 | £170,231 | £165,000 | 18 SAXON STREET |
| 30 Nov 2023 | £169,297 | £165,000 | 12 SAXON STREET |
| 16 Oct 2023 | £329,995 | £322,500 | 52 NARBOROUGH ROAD |
| 13 Sep 2023 | £311,875 | £305,000 | 50 NARBOROUGH ROAD |
This house has a floor area of 79 sq meters or 858 sq feet when measured on 3 Mar 2010. Using an estimated price of £86,159 means this house is valued at £1,080 per sq meter (£100 per sq foot).
The average size of a house on SAXON STREET is 79 sq meters (852 sq feet).