£125,815
This estimated value is based upon the latest sale price for the house of £85,000 on 17 Apr 2015. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £85,000 | 17 Apr 2015 |
| £95,000 | 23 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 April 2015 the House Price Index for LEICESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £85,000 results in an estimated price of approximately £125,815.
| 17 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £85,000 | £40,815 | £125,815 |
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 | 68.979 % | £58,632 | £143,632 |
| 3 Month Average | 88.654 % | £75,356 | £160,356 |
| 6 Month Average | 66.955 % | £56,911 | £141,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Sep 2024 | £225,000 | £225,000 | 31 CORT CRESCENT |
| 12 Dec 2023 | £154,755 | £150,000 | 111 HAND AVENUE |
| 29 Nov 2023 | £164,167 | £160,000 | 25 MORCOTE ROAD |
| 13 Nov 2023 | £189,818 | £185,000 | 79 CORT CRESCENT |
| 31 Mar 2023 | £208,482 | £205,000 | 51 MORCOTE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 14 Jan 2015. Using an estimated price of £125,815 means this house is valued at £2,287 per sq meter (£212 per sq foot).
The average size of a house on GALLARDS HILL is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Braunstone Way | |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braunstone Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Braunstone Way |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Braunstone Way |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Morcote Road |