£218,280
This estimated value is based upon the latest sale price for the house of £106,000 on 14 Apr 2004. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £106,000 | 14 Apr 2004 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2004 the House Price Index for LEICESTER was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £106,000 results in an estimated price of approximately £218,280.
| 14 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £106,000 | £112,280 | £218,280 |
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 | 89.859 % | £95,250 | £201,250 |
| 3 Month Average | 99.262 % | £105,217 | £211,217 |
| 6 Month Average | 106.406 % | £112,790 | £218,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £196,023 | £190,000 | 109 GRASMERE STREET |
| 15 Nov 2022 | £223,953 | £225,000 | 28 WINDERMERE STREET |
| 2 Nov 2022 | £150,795 | £151,500 | 22 WINDERMERE STREET |
| 26 May 2022 | £184,815 | £180,000 | 128 GRASMERE STREET |
| 6 May 2022 | £179,681 | £175,000 | 106 GRASMERE STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Jan 2019. Using an estimated price of £218,281 means this house is valued at £3,074 per sq meter (£285 per sq foot).
The average size of a house on GRASMERE STREET is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clarendon Street |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thirlmere Street |
| Oct 2024 | Public order | Under investigation | On or near Thirlmere Street |
| Oct 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Thirlmere Street |
| Oct 2024 | Anti-social behaviour | On or near Thirlmere Street |