£246,047
This estimated value is based upon the latest sale price for the house of £165,000 on 21 Nov 2014. 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 Verdale Avenue
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| Price Paid | Date |
|---|---|
| £165,000 | 21 Nov 2014 |
| £155,750 | 7 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2014 the House Price Index for LEICESTER was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £165,000 results in an estimated price of approximately £246,047.
| 21 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £165,000 | £81,047 | £246,047 |
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 | 63.533 % | £104,829 | £269,829 |
| 3 Month Average | 59.639 % | £98,404 | £263,404 |
| 6 Month Average | 54.445 % | £89,833 | £254,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £273,511 | £270,000 | 28 JUNE AVENUE |
| 20 Jan 2023 | £213,128 | £215,000 | 10 TILBURY CRESCENT |
| 11 Jan 2023 | £267,649 | £270,000 | 15 VERDALE AVENUE |
| 7 Jun 2022 | £177,802 | £176,000 | 32 TILBURY CRESCENT |
| 18 May 2022 | £197,942 | £195,000 | 30 TILBURY CRESCENT |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 Sep 2013. Using an estimated price of £246,048 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on VERDALE AVENUE is 91 sq meters (986 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Verdale Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tilbury Crescent |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near June Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near June Avenue |
| Apr 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near June Avenue |