£239,097
This estimated value is based upon the latest sale price for the house of £237,500 on 23 Feb 2023. This value is then adjusted by the current Official House Price Index for LEICESTER 1
There has been one burglary within the last year on or near Cornwallis Avenue
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Price Paid | Date |
---|---|
£237,500 | 23 Feb 2023 |
£160,000 | 17 Sep 2004 |
£61,500 | 23 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 February 2023 the House Price Index for LEICESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £237,500 results in an estimated price of approximately £239,097.
23 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £237,500 | £1,597 | £239,097 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 39.196 % | £93,089 | £330,589 |
3 Month Average | 7.013 % | £16,656 | £254,156 |
6 Month Average | 15.654 % | £37,178 | £274,678 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £243,694 | £239,950 | 83 BLAKESLEY WALK |
20 Dec 2023 | £245,029 | £237,500 | 27 BLAKESLEY WALK |
10 Nov 2023 | £220,600 | £215,000 | 34 ORONSAY ROAD |
23 Feb 2023 | £239,097 | £237,500 | 17 CORNWALLIS AVENUE |
15 Jul 2022 | £263,642 | £261,000 | 6 BAXTERS CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Dec 2013. Using an estimated price of £239,097 means this house is valued at £2,543 per sq meter (£236 per sq foot).
The average size of a house on CORNWALLIS AVENUE is 115 sq meters (1,241 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornwallis Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwallis Avenue |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwallis Avenue |
May 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Cornwallis Avenue |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Shaeffer Court |