£218,475
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £175,000 | 13 Jul 2018 |
| £50,000 | 30 Mar 2001 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2018 the House Price Index for LEICESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £175,000 results in an estimated price of approximately £218,475.
| 13 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £175,000 | £43,475 | £218,475 |
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 | 44.934 % | £78,635 | £253,635 |
| 3 Month Average | 41.809 % | £73,165 | £248,165 |
| 6 Month Average | 34.110 % | £59,693 | £234,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £237,059 | £235,000 | 28 TRAFFORD ROAD |
| 22 Sep 2023 | £288,357 | £282,000 | 49 KING EDWARD ROAD |
| 4 Sep 2023 | £132,930 | £130,000 | 54 TRAFFORD ROAD |
| 21 Nov 2022 | £242,864 | £244,000 | 19 KING EDWARD ROAD |
| 30 May 2022 | £303,918 | £296,000 | 6 COLEMAN ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 16 Apr 2018. Using an estimated price of £218,475 means this house is valued at £2,400 per sq meter (£223 per sq foot).
The average size of a house on TRAFFORD ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Trafford Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trafford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |