£212,654
This estimated value is based upon the latest sale price for the house of £141,000 on 2 Oct 2014. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £141,000 | 2 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2014 the House Price Index for LEICESTER was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £141,000 results in an estimated price of approximately £212,654.
| 2 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £141,000 | £71,654 | £212,654 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 123.491 % | £174,122 | £315,122 |
| 3 Month Average | 86.717 % | £122,270 | £263,270 |
| 6 Month Average | 87.039 % | £122,724 | £263,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Oct 2024 | £285,000 | £285,000 | 259 - 261 UPPINGHAM ROAD |
| 24 May 2024 | £305,000 | £305,000 | 227 UPPINGHAM ROAD |
| 7 May 2024 | £427,250 | £427,250 | 263 UPPINGHAM ROAD |
| 4 Apr 2024 | £237,059 | £235,000 | 28 TRAFFORD ROAD |
| 22 Sep 2023 | £288,357 | £282,000 | 49 KING EDWARD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jul 2014. Using an estimated price of £212,655 means this house is valued at £2,311 per sq meter (£214 per sq foot).
The average size of a house on KING EDWARD ROAD is 105 sq meters (1,131 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Road |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Anti-social behaviour | On or near Shopping Area | |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Shopping Area |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Shopping Area |