£115,103
This estimated value is based upon the latest sale price for the house of £87,000 on 8 Sep 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£87,000 | 8 Sep 2016 |
£76,000 | 4 Jan 2008 |
£22,000 | 2 Feb 2001 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 September 2016 the House Price Index for LEICESTER was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £87,000 results in an estimated price of approximately £115,103.
8 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.0 | 32.303 % | £87,000 | £28,103 | £115,103 |
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 | 15.920 % | £13,850 | £100,850 |
3 Month Average | 30.443 % | £26,485 | £113,485 |
6 Month Average | 39.058 % | £33,980 | £120,980 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £93,774 | £92,000 | 62 TEWKESBURY STREET |
3 Feb 2023 | £186,617 | £187,500 | 43 BOSWORTH STREET |
21 Feb 2022 | £184,869 | £177,000 | 36 WARWICK STREET |
7 Dec 2021 | £171,795 | £161,000 | 197 TUDOR ROAD |
30 Sep 2021 | £236,113 | £220,000 | 16 RIVERS STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 20 May 2016. Using an estimated price of £115,103 means this house is valued at £1,438 per sq meter (£133 per sq foot).
The average size of a house on TUDOR ROAD is 83 sq meters (893 sq feet).