£122,965
This estimated value is based upon the latest sale price for the house of £80,000 on 27 Jun 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £80,000 | 27 Jun 2014 |
| Terraced |
| Freehold |
| 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 June 2014 the House Price Index for LEICESTER was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £80,000 results in an estimated price of approximately £122,965.
| 27 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £80,000 | £42,965 | £122,965 |
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 | 58.466 % | £46,772 | £126,772 |
| 3 Month Average | 54.831 % | £43,864 | £123,864 |
| 6 Month Average | 63.551 % | £50,840 | £130,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £168,447 | £165,500 | 2 OSPREY ROAD |
| 4 Sep 2023 | £151,943 | £150,000 | 7 OSPREY ROAD |
| 23 Jun 2023 | £268,249 | £265,000 | 45 OSPREY ROAD |
| 31 Mar 2023 | £178,683 | £177,000 | 10 BEACON CLOSE |
| 10 Mar 2023 | £222,597 | £220,500 | 3 BEACON CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 30 Oct 2013. Using an estimated price of £122,966 means this house is valued at £2,561 per sq meter (£237 per sq foot).
The average size of a house on OSPREY ROAD is 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Osprey Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ipswich Close |
| Feb 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Ipswich Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ipswich Close |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Ipswich Close |