£288,553
This estimated value is based upon the latest sale price for the house of £282,000 on 11 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £282,000 | 11 Oct 2023 |
| £94,950 | 27 Nov 2003 |
| £60,000 | 16 Apr 2003 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2023 the House Price Index for LEICESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £282,000 results in an estimated price of approximately £288,553.
| 11 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £282,000 | £6,553 | £288,553 |
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 | -11.839 % | £-33,385 | £248,614 |
| 3 Month Average | 3.525 % | £9,940 | £291,940 |
| 6 Month Average | 0.219 % | £616 | £282,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £288,554 | £282,000 | 11 GAMEL ROAD |
| 6 Oct 2023 | £286,507 | £280,000 | 62 DAVENPORT ROAD |
| 8 Aug 2023 | £222,004 | £218,000 | 25 HARRINGWORTH ROAD |
| 16 Jun 2023 | £341,851 | £335,000 | 64 DAVENPORT ROAD |
| 15 Jun 2022 | £403,628 | £395,000 | 21 - 23 GAMEL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 Dec 2013. Using an estimated price of £288,554 means this house is valued at £3,435 per sq meter (£319 per sq foot).
The average size of a house on GAMEL ROAD is 112 sq meters (1,214 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Awaiting court outcome | On or near Gamel Road |
| Aug 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Gamel Road |
| Aug 2024 | Drugs | Local resolution | On or near Gamel Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skampton Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skampton Road |