£263,157
This estimated value is based upon the latest sale price for the house of £220,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £220,000 | 25 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 September 2020 the House Price Index for LEICESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £220,000 results in an estimated price of approximately £263,157.
| 25 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £220,000 | £43,157 | £263,157 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 58.586 % | £128,889 | £348,889 |
| 3 Month Average | 33.587 % | £73,890 | £293,890 |
| 6 Month Average | 32.003 % | £70,406 | £290,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £335,303 | £325,000 | 129 CARDINALS WALK |
| 29 Sep 2023 | £332,326 | £325,000 | 5 LYNMOUTH ROAD |
| 16 Sep 2022 | £310,969 | £311,177 | 177 CARDINALS WALK |
| 22 Jul 2022 | £287,885 | £285,000 | 186 CARDINALS WALK |
| 22 Apr 2022 | £186,736 | £180,000 | 125 CARDINALS WALK |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Mar 2020. Using an estimated price of £263,158 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on LYNMOUTH ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lynmouth Road |
| Oct 2024 | Anti-social behaviour | On or near Bankside | |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Bankside |
| Oct 2024 | Anti-social behaviour | On or near Bankside | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bankside |