£230,228
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£225,000 | 27 Oct 2023 |
£125,000 | 18 Oct 2013 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 October 2023 the House Price Index for LEICESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £225,000 results in an estimated price of approximately £230,228.
27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £225,000 | £5,228 | £230,228 |
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 | 21.362 % | £48,064 | £273,064 |
3 Month Average | 5.990 % | £13,476 | £238,476 |
6 Month Average | 2.027 % | £4,560 | £229,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £134,121 | £130,000 | 46 BEAUMONT WALK |
27 Oct 2023 | £230,229 | £225,000 | 12 WATTS CLOSE |
28 Mar 2023 | £231,872 | £228,000 | 86 BEAUMONT WALK |
10 Mar 2023 | £323,401 | £318,000 | 51 MILTON CRESCENT |
11 Jan 2023 | £315,844 | £315,000 | 3 EMERSON CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 20 Jun 2012. Using an estimated price of £230,229 means this house is valued at £2,213 per sq meter (£205 per sq foot).
The average size of a house on WATTS CLOSE is 132 sq meters (1,422 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Watts Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Watts Close |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Witherdell |
Jul 2024 | Other theft | Under investigation | On or near Orme Close |
Apr 2024 | Anti-social behaviour | On or near Orme Close |