£62,869
This estimated value is based upon the latest sale price for the house of £55,000 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,000 | 8 Dec 2020 |
| £44,000 | 14 Sep 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 December 2020 the House Price Index for LEICESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £55,000 results in an estimated price of approximately £62,869.
| 8 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £55,000 | £7,869 | £62,869 |
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 | 8.586 % | £4,722 | £59,722 |
| 3 Month Average | 6.284 % | £3,456 | £58,456 |
| 6 Month Average | 4.785 % | £2,631 | £57,631 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £208,203 | £207,500 | 98 BARNWELL AVENUE |
| 1 Dec 2023 | £240,551 | £236,000 | 26 ABBEY DRIVE |
| 31 Jul 2023 | £252,387 | £250,000 | 1 MARWELL WALK |
| 14 Jun 2023 | £161,308 | £160,000 | 7 PIPEWELL WALK |
| 30 Sep 2022 | £167,957 | £170,000 | 1 MILLBROOK WALK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 Aug 2016. Using an estimated price of £62,869 means this house is valued at £1,309 per sq meter (£121 per sq foot).
There is one other house on the street which we know the size of, this is 4 MILLBROOK WALK it is 89.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Millbrook Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Millbrook Close |
| Apr 2024 | Anti-social behaviour | On or near Millbrook Close | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Millbrook Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Millbrook Close |