£404,344
This estimated value is based upon the latest sale price for the house of £275,000 on 1 May 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £275,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 May 2015 the House Price Index for LEICESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £275,000 results in an estimated price of approximately £404,344.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £275,000 | £129,344 | £404,344 |
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 | 45.295 % | £124,562 | £399,562 |
| 3 Month Average | 83.567 % | £229,808 | £504,808 |
| 6 Month Average | 65.652 % | £180,544 | £455,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £390,000 | £390,000 | 136 LETCHWORTH ROAD |
| 4 Aug 2022 | £475,724 | £473,500 | 94 LETCHWORTH ROAD |
| 19 Jan 2022 | £453,765 | £428,000 | 152 LETCHWORTH ROAD |
| 21 Dec 2021 | £501,878 | £465,000 | 10 WESTHILL ROAD |
| 9 Dec 2021 | £545,050 | £505,000 | 138 LETCHWORTH ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 20 Dec 2014. Using an estimated price of £404,345 means this house is valued at £3,040 per sq meter (£282 per sq foot).
The average size of a house on MEADWAY is 156 sq meters (1,681 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadway |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadway |
| Sep 2024 | Other theft | Local resolution | On or near Meadway |
| Aug 2024 | Anti-social behaviour | On or near Meadway | |
| Aug 2024 | Anti-social behaviour | On or near Meadway |