£297,794
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Jul 2013. 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 Oakland Avenue
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| Price Paid | Date |
|---|---|
| £180,000 | 11 Jul 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 July 2013 the House Price Index for LEICESTER was 89.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 65.442%.Applying this 65.442% change to the original purchase price of £180,000 results in an estimated price of approximately £297,794.
| 11 Jul 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.0 | 65.442 % | £180,000 | £117,794 | £297,794 |
The Postcode Pricing Model uses changes in average sales price within the LE4 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 | 71.943 % | £129,497 | £309,497 |
| 3 Month Average | 66.530 % | £119,753 | £299,753 |
| 6 Month Average | 70.488 % | £126,878 | £306,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £333,151 | £330,000 | 25 OAKLAND AVENUE |
| 21 Jun 2022 | £363,686 | £360,000 | 40 MELTON AVENUE |
| 22 Feb 2022 | £415,173 | £397,500 | 38 MELTON AVENUE |
| 30 Sep 2021 | £305,874 | £285,000 | 15 MELTON AVENUE |
| 9 Aug 2021 | £276,667 | £249,000 | 381 MELTON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Apr 2013. Using an estimated price of £297,795 means this house is valued at £3,102 per sq meter (£288 per sq foot).
The average size of a house on OAKLAND AVENUE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakland Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Melton Avenue |
| Feb 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Melton Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Glencoe Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kintyre Drive |