£160,659
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Dec 2019 |
| £34,000 | 2 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2019 the House Price Index for LEICESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £130,000 results in an estimated price of approximately £160,659.
| 13 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £130,000 | £30,659 | £160,659 |
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 | 49.515 % | £64,368 | £194,368 |
| 3 Month Average | 28.432 % | £36,962 | £166,962 |
| 6 Month Average | 27.307 % | £35,499 | £165,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £230,860 | £225,000 | 100 MOUNTCASTLE ROAD |
| 8 Sep 2023 | £165,652 | £162,000 | 116 HOPEFIELD ROAD |
| 24 Mar 2023 | £193,227 | £190,000 | 102 MOUNTCASTLE ROAD |
| 21 Feb 2023 | £211,412 | £210,000 | 70 HOPEFIELD ROAD |
| 11 Jan 2023 | £218,083 | £217,500 | 76 HOPEFIELD ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 15 Oct 2019. Using an estimated price of £160,660 means this house is valued at £1,959 per sq meter (£182 per sq foot).
The average size of a house on MOUNTCASTLE ROAD is 80 sq meters (869 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Compton Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Compton Road |
| Jun 2024 | Anti-social behaviour | On or near Compton Road | |
| Jun 2024 | Anti-social behaviour | On or near Compton Road | |
| Jun 2024 | Anti-social behaviour | On or near Compton Road |