£231,310
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Feb 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £145,000 | 28 Feb 2014 |
| Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 February 2014 the House Price Index for LEICESTER was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £145,000 results in an estimated price of approximately £231,310.
| 28 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £145,000 | £86,310 | £231,310 |
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 | 64.152 % | £93,020 | £238,020 |
| 3 Month Average | 58.287 % | £84,516 | £229,516 |
| 6 Month Average | 65.337 % | £94,738 | £239,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £377,603 | £366,000 | 42 FRANKLYN ROAD |
| 30 Jun 2023 | £200,008 | £196,000 | 5 GLOVER COURT |
| 9 Jun 2023 | £262,766 | £257,500 | 7 FRANKLYN ROAD |
| 4 Jul 2022 | £282,834 | £280,000 | 16 FRANKLYN ROAD |
| 11 Feb 2022 | £253,550 | £240,000 | 13 MORBAN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 8 Aug 2014. Using an estimated price of £231,311 means this house is valued at £4,448 per sq meter (£413 per sq foot).
The average size of a house on MARSDEN LANE is 104 sq meters (1,126 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marsden Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Franklyn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Franklyn Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Conaglen Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conaglen Road |