£170,220
This estimated value is based upon the latest sale price for the house of £115,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £115,000 | 17 Apr 2015 |
| £74,000 | 18 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 April 2015 the House Price Index for LEICESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £115,000 results in an estimated price of approximately £170,220.
| 17 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £115,000 | £55,220 | £170,220 |
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 | 60.880 % | £70,012 | £185,012 |
| 3 Month Average | 61.809 % | £71,080 | £186,080 |
| 6 Month Average | 74.653 % | £85,851 | £200,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £185,706 | £180,000 | 27 WOKINGHAM AVENUE |
| 10 Nov 2023 | £80,032 | £78,000 | 152 MONMOUTH DRIVE |
| 6 Oct 2023 | £173,951 | £170,000 | 49 MONMOUTH DRIVE |
| 2 Oct 2023 | £194,416 | £190,000 | 3 EDEN WAY |
| 22 Aug 2023 | £193,490 | £190,000 | 118 MONMOUTH DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Jan 2015. Using an estimated price of £170,221 means this house is valued at £2,300 per sq meter (£213 per sq foot).
The average size of a house on MONMOUTH DRIVE is 81 sq meters (875 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Eden Way |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Eden Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eden Way |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eden Way |
| Jul 2024 | Drugs | Local resolution | On or near Eden Way |