£207,385
This estimated value is based upon the latest sale price for the house of £160,000 on 24 Mar 2017. 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
More crime details
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Price Paid | Date |
---|---|
£160,000 | 24 Mar 2017 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 March 2017 the House Price Index for LEICESTER was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £160,000 results in an estimated price of approximately £207,385.
24 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £160,000 | £47,385 | £207,385 |
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 | 22.998 % | £36,796 | £196,796 |
3 Month Average | 33.240 % | £53,183 | £213,183 |
6 Month Average | 44.784 % | £71,653 | £231,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £274,057 | £270,000 | 28 JUNE AVENUE |
20 Jan 2023 | £213,992 | £215,000 | 10 TILBURY CRESCENT |
11 Jan 2023 | £268,734 | £270,000 | 15 VERDALE AVENUE |
22 Jul 2022 | £255,688 | £255,000 | 17 HILL RISE |
7 Jun 2022 | £178,523 | £176,000 | 32 TILBURY CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Jan 2017. Using an estimated price of £207,386 means this house is valued at £3,142 per sq meter (£291 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 |
Mar 2024 | Burglary | Under investigation | On or near Hill Rise |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Rise |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near June Avenue |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near June Avenue |