£425,989
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Dec 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£250,000 | 19 Dec 2012 |
£102,000 | 27 Nov 1997 |
Detached |
Freehold |
Floor Area: 105 sq meters or 1,140 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 December 2012 the House Price Index for LEICESTER was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £250,000 results in an estimated price of approximately £425,989.
19 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £250,000 | £175,989 | £425,989 |
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 | 74.682 % | £186,705 | £436,705 |
3 Month Average | 63.953 % | £159,883 | £409,883 |
6 Month Average | 70.343 % | £175,856 | £425,856 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Jun 2024 | £240,000 | £240,000 | 18 SIDNEY ROAD |
28 Mar 2024 | £350,383 | £345,000 | 50 SIDNEY ROAD |
26 Oct 2023 | £266,042 | £260,000 | 16 SIDNEY ROAD |
13 Oct 2023 | £491,155 | £480,000 | 37 RIDGWAY ROAD |
4 Oct 2023 | £429,761 | £420,000 | 115 SOUTH KNIGHTON ROAD |
This house has a floor area of 105 sq meters or 1,140 sq feet when measured on 14 Nov 2011. Using an estimated price of £425,989 means this house is valued at £4,021 per sq meter (£373 per sq foot).
The average size of a house on SOUTH KNIGHTON ROAD is 113 sq meters (1,222 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Under investigation | On or near South Knighton Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Knighton Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sidney Road |
Aug 2024 | Anti-social behaviour | On or near Goldhill Gardens | |
Aug 2024 | Anti-social behaviour | On or near Goldhill Gardens |