£59,113
This estimated value is based upon the latest sale price for the house of £47,500 on 17 Jan 2019. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £47,500 | 17 Jan 2019 |
| £43,500 | 30 Jul 2014 |
| £22,250 | 8 Aug 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2019 the House Price Index for LEICESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £47,500 results in an estimated price of approximately £59,113.
| 17 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £47,500 | £11,613 | £59,113 |
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 | 5.603 % | £2,661 | £50,161 |
| 3 Month Average | 11.900 % | £5,652 | £53,152 |
| 6 Month Average | 19.860 % | £9,433 | £56,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £274,213 | £270,000 | 8 GOTHAM STREET |
| 5 Dec 2023 | £98,012 | £95,000 | FLAT 1 19 - 27 MILL HILL LANE |
| 17 Jan 2023 | £69,185 | £69,000 | 23 MILL HILL LANE |
| 13 Jan 2023 | £284,761 | £284,000 | 3 MILL HILL LANE |
| 10 Aug 2021 | £370,878 | £330,000 | 128 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Mandora Lane |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Mandora Lane |
| Sep 2024 | Violence and sexual offences | Offender given a caution | On or near Mandora Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |