£374,528
This estimated value is based upon the latest sale price for the house of £300,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £300,000 | 6 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2018 the House Price Index for LEICESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £300,000 results in an estimated price of approximately £374,528.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £300,000 | £74,528 | £374,528 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 18.806 % | £56,416 | £356,416 |
| 3 Month Average | 28.342 % | £85,025 | £385,025 |
| 6 Month Average | 25.201 % | £75,603 | £375,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £350,500 | £350,500 | 55 HOMEWAY ROAD |
| 20 Sep 2023 | £322,835 | £315,718 | 8 KINGSWAY ROAD |
| 26 Sep 2022 | £409,726 | £410,000 | 59 ROMWAY ROAD |
| 29 Apr 2022 | £347,536 | £335,000 | 15 HOMEWAY ROAD |
| 20 Dec 2021 | £431,723 | £400,000 | 40 KINGSWAY ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 21 Feb 2018. Using an estimated price of £374,529 means this house is valued at £3,601 per sq meter (£334 per sq foot).
The average size of a house on TRUEWAY ROAD is 127 sq meters (1,371 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trueway Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Byway Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Kingsway Road |
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Kingsway Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Romway Road |