£180,368
This estimated value is based upon the latest sale price for the house of £156,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £156,000 | 18 Dec 2020 |
| £130,000 | 26 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 December 2020 the House Price Index for LEICESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £156,000 results in an estimated price of approximately £180,368.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £156,000 | £24,368 | £180,368 |
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 | 26.082 % | £40,687 | £196,687 |
| 3 Month Average | 20.103 % | £31,360 | £187,360 |
| 6 Month Average | 17.411 % | £27,160 | £183,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £230,860 | £225,000 | 100 MOUNTCASTLE ROAD |
| 8 Sep 2023 | £165,652 | £162,000 | 116 HOPEFIELD ROAD |
| 24 Mar 2023 | £193,227 | £190,000 | 102 MOUNTCASTLE ROAD |
| 21 Feb 2023 | £211,412 | £210,000 | 70 HOPEFIELD ROAD |
| 11 Jan 2023 | £218,083 | £217,500 | 76 HOPEFIELD ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Sep 2020. Using an estimated price of £180,369 means this house is valued at £1,541 per sq meter (£143 per sq foot).
The average size of a house on HOPEFIELD ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hopefield Road |
| Aug 2024 | Anti-social behaviour | On or near Hopefield Road |