£222,871
This estimated value is based upon the latest sale price for the house of £165,000 on 11 Mar 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £165,000 | 11 Mar 2016 |
| £104,950 | 19 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 March 2016 the House Price Index for LEICESTER was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £165,000 results in an estimated price of approximately £222,871.
| 11 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £165,000 | £57,871 | £222,871 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 48.676 % | £80,315 | £245,315 |
| 3 Month Average | 39.974 % | £65,956 | £230,956 |
| 6 Month Average | 50.675 % | £83,612 | £248,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £202,729 | £200,000 | 24 BAINBRIDGE ROAD |
| 27 Jan 2023 | £218,969 | £220,000 | 5 NEW FIELDS SQUARE |
| 23 Feb 2022 | £246,443 | £235,000 | 3 NEW FIELDS SQUARE |
| 17 Dec 2021 | £230,346 | £215,000 | 10 BONVILLE PLACE |
| 28 Jul 2021 | £249,391 | £217,000 | 359 NARBOROUGH ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Jun 2014. Using an estimated price of £222,872 means this house is valued at £2,476 per sq meter (£230 per sq foot).
The average size of a house on NEW FIELDS SQUARE is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near New Fields Square |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near New Fields Square |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Fields Square |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near New Fields Square |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Fields Square |