£119,361
This estimated value is based upon the latest sale price for the house of £37,000 on 2 Nov 2001. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £37,000 | 2 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2001 the House Price Index for LEICESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £37,000 results in an estimated price of approximately £119,361.
| 2 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £37,000 | £82,361 | £119,361 |
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 | 228.344 % | £84,487 | £121,487 |
| 3 Month Average | 274.620 % | £101,609 | £138,609 |
| 6 Month Average | 262.973 % | £97,299 | £134,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £179,558 | £175,000 | 50 HAWTHORNE STREET |
| 25 Aug 2023 | £178,214 | £175,000 | 4 NOOK STREET |
| 6 Jun 2023 | £180,109 | £176,500 | 6 HAWTHORNE STREET |
| 2 Mar 2023 | £167,802 | £165,000 | 7 INGLE STREET |
| 8 Apr 2022 | £168,062 | £162,000 | 20 HAWTHORNE STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Mar 2016. Using an estimated price of £119,362 means this house is valued at £1,473 per sq meter (£136 per sq foot).
The average size of a house on NOOK STREET is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Nook Street | |
| Sep 2024 | Anti-social behaviour | On or near Nook Street | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nook Street |
| Sep 2024 | Possession of weapons | Under investigation | On or near Hawthorne Street |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorne Street |