£399,232
This estimated value is based upon the latest sale price for the house of £250,000 on 4 May 2007. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £250,000 | 4 May 2007 |
| £200,000 | 29 Apr 2005 |
| £110,000 | 5 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 May 2007 the House Price Index for LEICESTER was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £250,000 results in an estimated price of approximately £399,232.
| 4 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £250,000 | £149,232 | £399,232 |
The Postcode Pricing Model uses changes in average sales price within the LE2 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 | 91.227 % | £228,067 | £478,067 |
| 3 Month Average | 64.985 % | £162,462 | £412,462 |
| 6 Month Average | 70.408 % | £176,020 | £426,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £185,000 | £185,000 | 22 CRADOCK ROAD |
| 28 Jun 2023 | £237,881 | £235,000 | 20 CRADOCK ROAD |
| 23 Jun 2023 | £199,416 | £197,000 | 28 OXFORD ROAD |
| 22 Jun 2023 | £420,089 | £415,000 | 45 HOWARD ROAD |
| 23 Mar 2023 | £219,569 | £217,500 | 5 CRADOCK ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Aug 2020. Using an estimated price of £399,232 means this house is valued at £4,247 per sq meter (£394 per sq foot).
The average size of a house on OXFORD ROAD is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Road |
| Apr 2024 | Anti-social behaviour | On or near Cradock Road | |
| Apr 2024 | Anti-social behaviour | On or near Cradock Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cradock Road |
| Mar 2024 | Drugs | Local resolution | On or near Cradock Road |