£317,863
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Apr 2006. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £180,000 | 21 Apr 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2006 the House Price Index for LEICESTER was 84.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.591%.Applying this 76.591% change to the original purchase price of £180,000 results in an estimated price of approximately £317,863.
| 21 Apr 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 149.7 | 76.591 % | £180,000 | £137,863 | £317,863 |
The Postcode Pricing Model uses changes in average sales price within the LE5 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 | 120.892 % | £217,606 | £397,606 |
| 3 Month Average | 112.241 % | £202,034 | £382,034 |
| 6 Month Average | 100.919 % | £181,653 | £361,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £350,500 | £350,500 | 55 HOMEWAY ROAD |
| 12 Sep 2023 | £306,762 | £300,000 | 38 HOMEWAY ROAD |
| 26 Sep 2022 | £409,726 | £410,000 | 59 ROMWAY ROAD |
| 29 Apr 2022 | £347,536 | £335,000 | 15 HOMEWAY ROAD |
| 30 Oct 2020 | £224,536 | £190,000 | 45 ROMWAY ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 23 Sep 2014. Using an estimated price of £317,863 means this house is valued at £2,372 per sq meter (£220 per sq foot).
The average size of a house on ROMWAY ROAD is 145 sq meters (1,564 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homeway Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Bodnant Avenue |
| Sep 2024 | Anti-social behaviour | On or near Bodnant Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Bodnant Avenue | |
| Sep 2024 | Drugs | Under investigation | On or near Bodnant Avenue |