£243,461
This estimated value is based upon the latest sale price for the house of £197,000 on 11 Dec 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £197,000 | 11 Dec 2019 |
| £175,000 | 1 Jun 2015 |
| £157,000 | 17 May 2013 |
| £156,500 | 27 Apr 2007 |
| £135,000 | 4 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2019 the House Price Index for LEICESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £197,000 results in an estimated price of approximately £243,461.
| 11 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £197,000 | £46,461 | £243,461 |
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 | 25.806 % | £50,837 | £247,837 |
| 3 Month Average | 20.230 % | £39,852 | £236,852 |
| 6 Month Average | 28.051 % | £55,260 | £252,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £175,000 | £175,000 | 234 AVENUE ROAD EXTENSION |
| 28 Mar 2024 | £274,213 | £270,000 | 71 GREENHILL ROAD |
| 20 Oct 2023 | £218,625 | £213,660 | 271 AVENUE ROAD EXTENSION |
| 22 Sep 2023 | £209,621 | £205,000 | 221 AVENUE ROAD EXTENSION |
| 16 Jun 2023 | £438,793 | £430,000 | 83 GREENHILL ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Jun 2019. Using an estimated price of £243,462 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on AVENUE ROAD EXTENSION is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lytham Road |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Greenhill Road |
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Greenhill Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raeburn Road |
| Jul 2024 | Other theft | Local resolution | On or near Raeburn Road |