£161,918
This estimated value is based upon the latest sale price for the house of £87,000 on 17 Apr 2009. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £87,000 | 17 Apr 2009 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 April 2009 the House Price Index for LEICESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.114%.Applying this 86.114% change to the original purchase price of £87,000 results in an estimated price of approximately £161,918.
| 17 Apr 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.114 % | £87,000 | £74,918 | £161,918 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 83.750 % | £72,862 | £159,862 |
| 3 Month Average | 89.421 % | £77,796 | £164,796 |
| 6 Month Average | 89.397 % | £77,775 | £164,775 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £147,179 | £145,000 | 113 BEAUMONT LEYS LANE |
| 7 Jun 2023 | £227,759 | £225,000 | 163 HALIFAX DRIVE |
| 3 Mar 2023 | £98,427 | £97,500 | 45 NORWICH ROAD |
| 18 Mar 2022 | £248,703 | £240,000 | 57 DERSINGHAM ROAD |
| 25 Feb 2022 | £241,200 | £230,000 | 93 NORWICH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Sep 2020. Using an estimated price of £161,919 means this house is valued at £1,861 per sq meter (£172 per sq foot).
The average size of a house on NORWICH ROAD is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Norwich Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norwich Road |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Norwich Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |