£159,942
This estimated value is based upon the latest sale price for the house of £121,500 on 27 Jan 2017. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £121,500 | 27 Jan 2017 |
| £113,000 | 20 Apr 2007 |
| £97,950 | 16 Apr 2004 |
| £44,950 | 1 Feb 2001 |
| £31,000 | 17 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2017 the House Price Index for LEICESTER was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £121,500 results in an estimated price of approximately £159,942.
| 27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £121,500 | £38,442 | £159,942 |
The Postcode Pricing Model uses changes in average sales price within the LE3 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 | 18.747 % | £22,777 | £144,277 |
| 3 Month Average | 53.023 % | £64,422 | £185,922 |
| 6 Month Average | 62.647 % | £76,116 | £197,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £166,732 | £162,500 | 73 NEWPORT STREET |
| 10 Nov 2023 | £194,949 | £190,000 | 9 NEWPORT STREET |
| 18 Oct 2023 | £163,718 | £160,000 | 80 OBAN STREET |
| 13 Oct 2023 | £163,718 | £160,000 | 16 BEATRICE ROAD |
| 15 Sep 2023 | £174,855 | £171,000 | 81 NEWPORT STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Nov 2016. Using an estimated price of £159,943 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on NEWPORT STREET is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Newport Street |
| Jul 2024 | Public order | Local resolution | On or near Newport Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oban Street |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oban Street |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oban Street |