£196,543
This estimated value is based upon the latest sale price for the house of £160,000 on 5 Jul 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £160,000 | 5 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 July 2019 the House Price Index for LEICESTER was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £160,000 results in an estimated price of approximately £196,543.
| 5 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £160,000 | £36,543 | £196,543 |
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 | 30.525 % | £48,840 | £208,840 |
| 3 Month Average | 17.819 % | £28,509 | £188,509 |
| 6 Month Average | 16.021 % | £25,633 | £185,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £256,560 | £255,000 | 48 CAMPBELL AVENUE |
| 6 Apr 2023 | £223,662 | £222,000 | 46 MARSH CLOSE |
| 3 Mar 2023 | £288,560 | £287,000 | 54 MARSH CLOSE |
| 24 Feb 2023 | £223,941 | £225,000 | 2 MARSH CLOSE |
| 26 Sep 2022 | £222,296 | £225,000 | 3 MARSH CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Apr 2017. Using an estimated price of £196,543 means this house is valued at £3,509 per sq meter (£326 per sq foot).
The average size of a house on MARSH CLOSE is 53 sq meters (577 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marsh Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marsh Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Floyd Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miller Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Miller Close |