£113,528
This estimated value is based upon the latest sale price for the house of £110,000 on 23 Mar 2022. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Montvale Gardens
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| Price Paid | Date |
|---|---|
| £110,000 | 23 Mar 2022 |
| £123,950 | 29 Apr 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 March 2022 the House Price Index for LEICESTER was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £110,000 results in an estimated price of approximately £113,528.
| 23 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £110,000 | £3,528 | £113,528 |
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 | 5.338 % | £5,871 | £115,871 |
| 3 Month Average | -1.944 % | £-2,138 | £107,861 |
| 6 Month Average | 3.741 % | £4,115 | £114,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £275,537 | £272,000 | 3 LARCHMONT ROAD |
| 7 Aug 2023 | £291,774 | £290,000 | 3 GREENLAWN WALK |
| 14 Feb 2023 | £134,364 | £135,000 | 11F LARCHMONT ROAD |
| 31 Oct 2022 | £280,826 | £285,000 | 15 LARCHMONT ROAD |
| 3 May 2022 | £142,620 | £140,500 | 9E LARCHMONT ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 16 Apr 2021. Using an estimated price of £113,529 means this house is valued at £2,415 per sq meter (£224 per sq foot).
The average size of a house on LARCHMONT ROAD is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Montvale Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Montvale Gardens |
| Apr 2024 | Burglary | Under investigation | On or near Montvale Gardens |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Montvale Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montvale Gardens |