£98,011
This estimated value is based upon the latest sale price for the house of £95,000 on 5 Dec 2023. 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 Mill Hill Lane
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| Price Paid | Date |
|---|---|
| £95,000 | 5 Dec 2023 |
| £28,000 | 3 Sep 2003 |
| Flats/Maisonettes |
| Leasehold |
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 December 2023 the House Price Index for LEICESTER was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £95,000 results in an estimated price of approximately £98,011.
| 5 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £95,000 | £3,011 | £98,011 |
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 | 68.176 % | £64,766 | £159,766 |
| 3 Month Average | 2.014 % | £1,913 | £96,913 |
| 6 Month Average | 4.693 % | £4,458 | £99,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £825,362 | £800,000 | 144 LONDON ROAD |
| 5 Dec 2023 | £98,012 | £95,000 | FLAT 1 19 - 27 MILL HILL LANE |
| 17 Jan 2023 | £69,185 | £69,000 | 23 MILL HILL LANE |
| 13 Jan 2023 | £284,761 | £284,000 | 3 MILL HILL LANE |
| 15 Oct 2021 | £189,494 | £170,000 | 35 WOODBINE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Mill Hill Lane |
| Oct 2024 | Theft from the person | Under investigation | On or near Mill Hill Lane |
| Oct 2024 | Public order | Under investigation | On or near Mill Hill Lane |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mill Hill Lane |
| Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mill Hill Lane |