£242,358
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Nov 2021. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £225,000 | 4 Nov 2021 |
| £185,000 | 29 Nov 2019 |
| £159,000 | 31 Aug 2006 |
| £52,950 | 15 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2021 the House Price Index for LEICESTER was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £225,000 results in an estimated price of approximately £242,358.
| 4 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £225,000 | £17,358 | £242,358 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 8.928 % | £20,087 | £245,087 |
| 3 Month Average | 7.383 % | £16,612 | £241,612 |
| 6 Month Average | 3.453 % | £7,768 | £232,768 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £267,433 | £264,000 | 5 KIMBERLEY ROAD |
| 7 Jul 2023 | £217,053 | £215,000 | 34 HERSCHELL STREET |
| 20 Apr 2023 | £282,097 | £280,000 | 30 CHAUCER STREET |
| 10 Mar 2023 | £140,761 | £140,000 | FLAT 2 ST JAMES COURT, 15 ST JAMES ROAD |
| 24 Feb 2023 | £233,894 | £235,000 | 9 CHAUCER STREET |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Jan 2019. Using an estimated price of £242,358 means this house is valued at £2,376 per sq meter (£220 per sq foot).
The average size of a house on MAYFIELD ROAD is 137 sq meters (1,480 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mayfield Road | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Road |
| Feb 2024 | Anti-social behaviour | On or near Mayfield Road |