£193,663
This estimated value is based upon the latest sale price for the house of £156,000 on 12 Oct 2018. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £156,000 | 12 Oct 2018 |
| £133,500 | 7 Aug 2015 |
| £124,995 | 25 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 565 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 2018 the House Price Index for LEICESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £156,000 results in an estimated price of approximately £193,663.
| 12 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £156,000 | £37,663 | £193,663 |
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 | 26.682 % | £41,623 | £197,623 |
| 3 Month Average | 24.489 % | £38,202 | £194,202 |
| 6 Month Average | 28.645 % | £44,686 | £200,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £169,000 | £169,000 | APARTMENT 27 67 WATKIN ROAD |
| 28 Mar 2024 | £142,185 | £140,000 | 248 WESTERN ROAD |
| 23 Mar 2023 | £157,632 | £155,000 | 211 WESTERN ROAD |
| 24 Feb 2023 | £62,920 | £62,500 | 174 WATKIN ROAD |
| 26 Aug 2022 | £233,090 | £232,000 | 238 WATKIN ROAD |
This house has a floor area of 52 sq meters or 565 sq feet when measured on 26 Oct 2011. Using an estimated price of £193,663 means this house is valued at £3,683 per sq meter (£342 per sq foot).
The average size of a house on WATKIN ROAD is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Watkin Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watkin Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Watkin Road |
| Aug 2024 | Drugs | Awaiting court outcome | On or near Watkin Road |
| Aug 2024 | Anti-social behaviour | On or near Watkin Road |