£237,070
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Sep 2021. 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 Hobson Road
More crime details
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| Price Paid | Date |
|---|---|
| £220,000 | 28 Sep 2021 |
| £160,000 | 19 Jan 2018 |
| £113,500 | 15 Jan 2010 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2021 the House Price Index for LEICESTER was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £220,000 results in an estimated price of approximately £237,070.
| 28 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £220,000 | £17,070 | £237,070 |
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 | -7.327 % | £-16,120 | £203,879 |
| 3 Month Average | -1.024 % | £-2,253 | £217,746 |
| 6 Month Average | 1.996 % | £4,390 | £224,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £159,540 | £157,500 | 61A ORTON ROAD |
| 24 Aug 2023 | £201,765 | £200,000 | 15 ABBEYCOURT ROAD |
| 21 Aug 2023 | £201,765 | £200,000 | 70 ORTON ROAD |
| 28 Apr 2023 | £262,830 | £260,000 | 13 HOBSON ROAD |
| 31 Aug 2022 | £239,455 | £240,100 | 19 ABBEYMEAD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Apr 2017. Using an estimated price of £237,070 means this house is valued at £3,591 per sq meter (£333 per sq foot).
The average size of a house on HOBSON ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hobson Road |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Hobson Road |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Hobson Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Orton Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Orton Road |