£246,005
This estimated value is based upon the latest sale price for the house of £143,000 on 28 Mar 2011. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £143,000 | 28 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2011 the House Price Index for LEICESTER was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £143,000 results in an estimated price of approximately £246,005.
| 28 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £143,000 | £103,005 | £246,005 |
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 | 86.889 % | £124,251 | £267,251 |
| 3 Month Average | 64.856 % | £92,743 | £235,743 |
| 6 Month Average | 63.263 % | £90,466 | £233,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £354,533 | £350,000 | 4 LORNE ROAD |
| 29 Aug 2023 | £282,471 | £280,000 | 10 LYTTON ROAD |
| 23 Jun 2023 | £232,820 | £230,000 | 119 HOWARD ROAD |
| 3 Feb 2023 | £446,699 | £447,000 | 10 LORNE ROAD |
| 26 Apr 2022 | £360,430 | £350,000 | 346 VICTORIA PARK ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 27 Jul 2020. Using an estimated price of £246,006 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on ADDERLEY ROAD is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Adderley Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Adderley Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Adderley Road |
| Jan 2024 | Anti-social behaviour | On or near Adderley Road | |
| Jan 2024 | Anti-social behaviour | On or near Adderley Road |