£156,848
This estimated value is based upon the latest sale price for the house of £89,000 on 10 Oct 2008. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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Price Paid | Date |
---|---|
£89,000 | 10 Oct 2008 |
£125,000 | 26 Jan 2007 |
Terraced |
Freehold |
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 October 2008 the House Price Index for LEICESTER was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £89,000 results in an estimated price of approximately £156,848.
10 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £89,000 | £67,848 | £156,848 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 118.476 % | £105,443 | £194,443 |
3 Month Average | 96.098 % | £85,526 | £174,526 |
6 Month Average | 90.522 % | £80,564 | £169,564 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £245,776 | £242,000 | 21 SOCKBURN CLOSE |
18 Nov 2022 | £256,799 | £258,000 | GARAGE 6 SOCKBURN CLOSE |
15 Jul 2022 | £242,429 | £240,000 | 16 SOCKBURN CLOSE |
4 Feb 2022 | £153,186 | £145,000 | 17 KEPWICK ROAD |
5 Nov 2021 | £113,310 | £104,000 | APARTMENT 9 20 KEPWICK ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sockburn Close |
Sep 2024 | Anti-social behaviour | On or near Sockburn Close | |
Sep 2024 | Anti-social behaviour | On or near Sockburn Close | |
Aug 2024 | Other crime | Unable to prosecute suspect | On or near Sockburn Close |
Oct 2024 | Criminal damage and arson | Awaiting court outcome | On or near Kepwick Road |