£205,081
This estimated value is based upon the latest sale price for the house of £115,000 on 1 Sep 2009. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 1 Sep 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,006 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 September 2009 the House Price Index for LEICESTER was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £115,000 results in an estimated price of approximately £205,081.
| 1 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £115,000 | £90,081 | £205,081 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 78.406 % | £90,167 | £205,167 |
| 3 Month Average | 83.955 % | £96,548 | £211,548 |
| 6 Month Average | 91.470 % | £105,189 | £220,189 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £202,544 | £199,000 | 26 DOWNHAM AVENUE |
| 11 Aug 2023 | £257,251 | £255,000 | 33 TOLLEMACHE AVENUE |
| 28 Jul 2023 | £263,547 | £260,000 | 19 TOLLEMACHE AVENUE |
| 26 Apr 2023 | £308,320 | £305,000 | 19 WELBECK AVENUE |
| 8 Jul 2022 | £260,702 | £260,000 | 22 BELLE VUE AVENUE |
This house has a floor area of 93 sq meters or 1,006 sq feet when measured on 14 Jan 2009. Using an estimated price of £205,082 means this house is valued at £2,192 per sq meter (£203 per sq foot).
The average size of a house on WELBECK AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Belle Vue Avenue |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Tollemache Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tollemache Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eileen Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Eileen Avenue |