£118,182
This estimated value is based upon the latest sale price for the house of £45,000 on 25 Oct 2002. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £45,000 | 25 Oct 2002 |
| Terraced |
| Freehold |
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 2002 the House Price Index for LEICESTER was 56.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 162.628%.Applying this 162.628% change to the original purchase price of £45,000 results in an estimated price of approximately £118,182.
| 25 Oct 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.0 | 162.628 % | £45,000 | £73,182 | £118,182 |
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 | 234.317 % | £105,442 | £150,442 |
| 3 Month Average | 219.752 % | £98,888 | £143,888 |
| 6 Month Average | 222.457 % | £100,105 | £145,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £60,780 | £60,000 | 14 LONGHURST CLOSE |
| 5 Jul 2023 | £277,626 | £275,000 | 27 NICKLAUS ROAD |
| 14 Apr 2022 | £278,974 | £272,000 | 63 NICKLAUS ROAD |
| 25 Mar 2022 | £340,070 | £329,500 | 1 LYLE CLOSE |
| 14 Mar 2022 | £57,796 | £56,000 | 24 LONGHURST CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longhurst Close |
| Apr 2024 | Drugs | Under investigation | On or near Nicklaus Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Nicklaus Road |
| Mar 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Nicklaus Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archer Close |