£203,673
This estimated value is based upon the latest sale price for the house of £200,000 on 24 Aug 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £200,000 | 24 Aug 2023 |
| £150,000 | 20 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 August 2023 the House Price Index for LEICESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £200,000 results in an estimated price of approximately £203,673.
| 24 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £200,000 | £3,673 | £203,673 |
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 | 6.965 % | £13,929 | £213,929 |
| 3 Month Average | -6.712 % | £-13,424 | £186,575 |
| 6 Month Average | -1.829 % | £-3,658 | £196,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £203,673 | £200,000 | 148 VERNON ROAD |
| 21 Jun 2023 | £155,619 | £152,500 | 104 VERNON ROAD |
| 2 Jun 2023 | £168,884 | £165,500 | 116 VERNON ROAD |
| 21 Apr 2023 | £188,526 | £185,000 | 61 PERCY ROAD |
| 21 Apr 2023 | £193,622 | £190,000 | 174 VERNON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 May 2018. Using an estimated price of £203,673 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on VERNON ROAD is 74 sq meters (801 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Manners Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manners Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Manners Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Manners Road |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Manners Road |